FINLAND: Stockmann Confirms New CEO

Stockmann has confirmed the appointment of Lauri Veijalainen as its new CEO, effective 12 September 2016.

Veijalainen joined the group in 2010 as Development Director for International Operations.  He was appointed CFO in August 2015, and has been serving as Acting CEO and President since April this year. 

Stockmann noted: “After a thorough selection process, the Board of Directors concluded that Lauri Veijalainen has the best qualities for this position. He has versatile experience in the retail and real estate businesses, strong financial knowledge and he has over the past months proven his skills in carrying out major change projects at Stockmann.”