Nobia introduces flatter organisational model

Nobia introduces flatter organisational model

ID: 50632

(Thomson Reuters ONE) -


With the aim of clarifying and simplifying its lines of decision-making, Nobia
is introducing a new organisation as of 22 January 2011. The reorganisation
implies that the functions that currently report to the Chief Commercial
Officer, CCO, and Chief Operations Officer, COO, will instead report directly to
the CEO, Morten Falkenberg.

"The new structure enables more rapid decision-making. We are now entering a
phase in our restructuring process in which many decisions must be taken between
various functions. Daily work will be facilitated by a flatter organisation,"
explains Morten Falkenberg.

As a result of this change, the current COO, Göran Westerberg, has chosen to
leave the company.
"I want to thank Göran for his efforts in the past two years at Nobia,
particularly the important work on the new strategy and for putting the
organisation within Operations in place," says Morten Falkenberg.

Nobia AB
21 January 2011


For further information, please contact:
Morten Falkenberg, President and CEO
Ingrid Yllmark, IRO
Telephone +46 (0)8 440 16 00 or +46 (0)708 65 59 00


Nobia develops and sells kitchens through some 20 strong brands in Europe,
including Magnet in the UK, Hygena in France, HTH, Norema, Sigdal, Invita,
Marbodal and Myresjökök in the Nordic countries, Petra, Parma and A la Carte in
Finland, ewe and FM in Austria, Optifit in Germany and Poggenpohl globally.
Nobia generates profitability by combining economies of scale with attractive
kitchen offerings. The Group has approximately 7,500 employees and net sales of
around SEK 14 billion. The Nobia share is listed on the NASDAQ OMX Nordic
Exchange in Stockholm under the short name NOBI. Website: www.nobia.com. Read
more about the company under "About Nobia." Financial information can be found
under "Investors".







Press release PDF:
http://hugin.info/133488/R/1481453/416758.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Nobia via Thomson Reuters ONE

[HUG#1481453]


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Bereitgestellt von Benutzer: hugin
Datum: 21.01.2011 - 14:46 Uhr
Sprache: Deutsch
News-ID 50632
Anzahl Zeichen: 2670

contact information:
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Stockholm



Kategorie:

Business News



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