Ahlstrom currently has four business areas—Building and Energy, Filtration, Food and Medical and Label and Processing. As announced earlier, the specialty paper business operated under the Label and Processing business area will be combined with Munksjö AB in a transaction is scheduled to be completed in two steps during the first and second quarter of 2013.
Under the new structure, the current filtration business area will be divided into two business areas: Transportation Filtration and Advanced Filtration. This will enable stronger focus within filtration.
Therefore, effective January 1, Ahlstrom's new business areas will be Building and Energy, Transportation Filtration, Advanced Filtration and Food and Medical.
In connection with the change in the business area structure, several changes will be made in Ahlstrom's executive management team. Tommi Björnman, executive vice president, Filtration, has decided to resign from Ahlstrom to pursue other career opportunities. He will continue in his current role until the end of the year.
Fulvio Capussotti has been appointed executive vice president, Advanced Filtration, and a member of the executive management team. He will report to Jan Lång, president and CEO, as of January 1, 2013. Fulvio Capussotti has been working with Ahlstrom since 2002 in various senior management roles and currently leads the Advanced Filtration Business Unit. The executive vice president of Transportation Filtration, which will also be a member of the Ahlstrom executive management team, will be appointed in the near future.