Nokian Tyres CEO to retire, company says (updated)

Nokian Renkaat Oyj

27/03/2024 07:29

(Adds board looking for successor in paragraph 2 and context in
paragraph 3)
       HELSINKI, March 27 (Reuters) - The CEO of Finland's
Nokian Tyres  TYRES.HE , Jukka Moisio, will retire during 2024,
the company said in a statement on Wednesday.
    Nokian's board of directors has begun looking for a
successor for Moisio, who has led the company since 2020, it
said. 
        Since 2020, Nokian has been on a quest to overcome a
fall in its business caused by its exit from Russia.

 (Reporting by Essi Lehto, editing by Louise Rasmussen)
 ((essi.lehto@thomsonreuters.com; +358505412375;))