Brief: Saga Furs Appoints Magnus Ljung New CEO

Saga Furs Oyj

07/05/2020 09:59

May 7 (Reuters) - Saga Furs Oyj  SAGCV.HE :
    * SAID ON WEDNESDAY APPOINTED MAGNUS LJUNG AS NEW CEO,
EFFECTIVE
IMMEDIATELY
    * PERTTI FALLENIUS TO STEP DOWN AFTER MORE THAN A DECADE AS
CEO
    * DECREASE IN GLOBAL PRODUCTION DUE TO COVID-19 REQUIRES
QUICK AND
SUBSTANTIAL OPERATIONAL AND ORGANISATIONAL RESTRUCTURING
    * APPOINTS LJUNG AS CEO TO SPEED UP CHANGES AND TO FORMULATE
A NEW
STRATEGY TO ALIGN BUSINESS OPERATIONS TO CURRENT MARKET
ENVIRONMENT

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL5fk6jT
    
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