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Change in Scan’s Management

25 June 2009

SWEDEN - A new managing director is to step in at Scan AB, the company carrying out HKScan's Swedish operations.

Scan’s managing director since March 2009, Olli Antniemi has submitted his resignation, because of health reasons.

Denis Mattsson, aged 56, EMBA, who most recently served as Mr Antniemi's deputy, has been appointed managing director of Scan AB and member of the HKScan Management Team from 23 June.

Mr Mattsson has long food industry experience in Finland and Sweden. He joined Scan in autumn 2007 after having served as president of the Food Division at Raisio Plc. and earlier employment with companies including Atria Lithells and Nestlé.

HKScan's development focus for the near future is on Sweden.

The aim is to bring Scan's EBIT to five per cent in accordance with HKScan's long-term financial objectives.

Scan said it will improve its competitiveness by adopting a leaner cost structure, raising the value-added of products and streamlining commercial operations.

Progress towards these goals is on track, the company said.

TheMeatSite News Desk

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