Ahlstrom Revising Organization, Executive Management Team

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Ahlstrom Corp., Finland, a developer and manufacturer of specialty papers and nonwovens, is revising its organization and operating model, effective July 1. The company will organize itself into five business areas based on value added and operational excellence business clusters. The new Business Areas are: 

• Building and Energy, covering the current Glass & Industrial Nonwovens business area and wallpaper products
• Label and Processing, including most of the current Technical Papers and Release & Label Papers business areas
• Home and Personal, the current Home & Personal Nonwovens business area
• Food and Medical, the current Advanced Nonwovens business area, crepe papers, and vegetable parchment products
• Filtration, the current Filtration business area.

In financial reporting, the five business areas will form new reporting segments. Thus, reporting on the current Fiber Composites and Specialty Papers segments will be discontinued. Ahlstrom will provide comparative data on the new segments for the financial year 2009 and for the first two quarters of 2010 by the end of the third quarter of this year. The current product structure with 18 product lines within the business areas will be discontinued, and the organization within the new business areas will be integrated to strengthen customer orientation and the supply chain process, the company explains.

In conjunction with these revisions, some changes will be made in Ahlstrom's Executive Management Team. Patrick Jeambar is appointed executive VP, Label & Processing. Daniele Borlatto assumes a new role as VP, Release & Label business, reporting to Jeambar. Gustav Adlercreutz is appointed VP, Legal Affairs, general counsel, reporting to CFO Seppo Parvi. To enhance the development of its global supply chain, Ahlstrom will establish a new position of executive VP, Supply Chain, and will later announce the appointment for this position.