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Orthex Corporation, Stock exchange release, 12 November 2024 at 4.00 p.m. EET

Orthex Corporation and Alex Nielsen, Sales Director, Europe and International Markets and member of the company’s Management Team, have agreed that Mr. Nielsen will leave the company as of 30 November 2024.

Nielsen has been a member of Orthex’s Management Team since 2022. “During Nielsen’s time, the company’s sales and presence outside the Nordic countries have strengthened considerably and the strategy to become a truly European company has been confirmed, advanced and clarified. I want to express my gratitude to Alex Nielsen for his strong commitment and drive to strengthen the position of Orthex outside the Nordic countries”, says Alexander Rosenlew, CEO of Orthex Corporation.

The international sales organisation will temporarily report to CEO Alexander Rosenlew. Orthex will start the succession planning process for the recruitment of a new Sales Director responsible for Europe and International Markets.

Further enquiries:
Alexander Rosenlew, CEO, Orthex Corporation
Tel. +358 (0)40 500 3826
alexander.rosenlew@orthexgroup.com

Saara Mäkelä, CFO, Orthex Corporation
Tel. +358 (0)40 083 8782
saara.makela@orthexgroup.com

Distribution:
Nasdaq Helsinki Ltd
Main media
https:/investors.orthexgroup.com/
 

Orthex in brief

Orthex (ORTHEX, Nasdaq Helsinki, Finland) is a leading Nordic houseware company. Orthex offers a broad assortment of practical and durable household products with a mission to make consumers’ everyday life easier. Orthex main consumer brands are SmartStore™ in storage products, GastroMax™ in kitchenware and Orthex™ in home and plant care categories. Orthex aims to be the industry forerunner in sustainability and to become carbon neutral in its production by 2030. Read more www.orthexgroup.com.

Orthex’s net sales in 2023 were 85.9 million euros. The company has customers in more than 40 countries and local sales organisations in the Nordics, Germany, France, the UK, and the Benelux.

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