Sportlife maker Cloetta names new CEO

Sportlife maker Cloetta names new CEO

Confectionery company Cloetta has appointed David Nuutinen as president and CEO of the company.

Nuutinen, president of Cloetta's operations in Finland, succeeds Bengt Baron who has decided to leave the Chewits-to-Sportlife maker after six tears in the role.

Cloetta said Nuutinen has been "a key player" in the group's management team since 2007.

"I am very happy to get the opportunity to lead Cloetta. My ambition is to continue on the profitable growth path driven by organic sales, continued cost-efficiencies and new initiatives including potential acquisitions", Nuutinen said.

Baron, who oversaw the merger of Cloetta and fellow confectioner Leaf International in 2012, added: "After six exciting and intense years, I feel it is a good time to move on. I am really proud of what Cloetta, as an organisation, has achieved during this period. My decision is also made easier as I am handing over the responsibility into David Nuutinen’s capable hands."

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David Nuutinen appointed President and CEO of Cloetta AB

Cloetta’s Board of Directors has decided to appoint David Nuutinen to President and CEO of Cloetta AB. He will assume the position as of 20 July, 2015. David Nuutinen is currently President Cloetta Finland and will succeed Bengt Baron who, after six year as CEO of Cloetta and Leaf, has decided to leave the company.

"David Nuutinen has a solid background and excellent understanding of Cloetta and the confectionery industry. He has been a key player in Cloetta’s Group Management team since 2007, leading the Finnish business to continuous excellent performance. He has 30 years of experience from the fast moving consumer goods industry. Under the leadership of David Nuutinen, the strategy and financial targets remain intact, "says Caroline Sundewall, Chairman of the Board of Directors.

"I am very happy to get the opportunity to lead Cloetta. My ambition is to continue on the profitable growth path driven by organic sales, continued cost-efficiencies and new initiatives including potential acquisitions", says David Nuutinen.

David Nuutinen was born in Canada in 1959 and is a Finnish citizen. He is married with two children. David holds a M.Sc. in Economics from the Helsinki School of Economics. He has been President of Cloetta and Leaf Finland since 2005, Commercial Director at Leaf Finland, 2003–2005, General Manager of PepsiCo Beverages, Finland, Baltics, Ukraine, 2000–2002, Operations Director at McDonald´s Finland, 1996–2000 and has held various marketing and sales positions at Vaasanmylly Oy, 1986–1996. He is the Chairman of Kamux Holding Oy and a board member of Splizzeria Oy.

Cloetta’s present President and CEO, Bengt Baron, has led Cloetta and Leaf since 2009. He will leave Cloetta after the second quarter results have been presented in July, 2015.

"After six exciting and intense years, I feel it is a good time to move on. I am really proud of what Cloetta, as an organization, has achieved during this period. My decision is also made easier as I am handing over the responsibility into David Nuutinen’s capable hands", says Bengt Baron, President and CEO of Cloetta.

"Under Bengt Baron’s leadership Cloetta has merged with Leaf and evolved into a very solid and successful company. He has been a key contributor in building Cloetta to becoming the leading confectionary company in the Nordic region. A stable foundation has been built and Cloetta stands strong for the future", says Caroline Sundewall, Chairman of the Board of Directors.

Original source: Press Release