From Russia With Love: Nokian Tires’ Journey Under Jukka Moisio and Their Search for a New CEO

CEO of Nokian Tires, Jukka Moisio, announces retirement

Since 2020, Nokian Tires has experienced significant growth and development under the leadership of CEO Jukka Moisio. Now, Moisio has announced his intention to retire this year, prompting the board to begin searching for a successor. Prior to joining Nokian Tires, Moisio held key positions at companies such as Huhtamäki and Ahlstrom.

Under Moisio’s tenure, Nokian Tires made strategic decisions such as withdrawing from Russia and opening a carbon dioxide-free tire factory in Romania. These initiatives helped the company solidify its position in the market and contribute to its success. In the past year alone, Nokian Tires generated nearly 1.2 billion euros in turnover and employed over 3,400 individuals.

The upcoming change in leadership marks a new chapter for Nokian Tires as they continue to innovate and expand their operations. The board’s search for Moisio’s successor signifies their commitment to ensuring a smooth transition and maintaining their trajectory of growth and success in the future.

Nokian Tires is known for its innovative approach towards manufacturing tires that are environmentally friendly, safe and reliable. With this mission in mind, the company has been investing heavily in research and development to create new products that meet customers’ demands while also contributing positively towards the environment.

One of the most notable achievements during Moisio’s tenure was the withdrawal from Russia market which was a strategic decision that helped strengthen Nokian’s position in other markets. Additionally, opening a carbon dioxide-free tire factory in Romania was another initiative that not only contributed towards reducing carbon footprint but also provided employment opportunities for people in that region.

With these achievements under its belt, Nokian Tires is now poised for further growth and expansion under new leadership. The board’s commitment to finding a capable successor will ensure that the company continues on its path towards achieving even greater heights of success.

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