NOKIA, Finland — Nokian Tyres North America Inc. General Manger/Managing Director Tommi Heinonen also will be responsible for Central and South America starting in 2018, according to parent Nokian Tyres P.L.C.'s revised organization structure.
Nokian disclosed the new structure recently to help "create a scalable structure and to increase efficiency through global functions and processes." The new structure reflects the company's "accelerating profitable growth, customer orientation and innovative future solutions."
"With our new leadership and operational model, we will have more management focus on our main markets," Nokian President and CEO Hille Korhonen said.
"It accelerates the implementation of common ways of working, increases cross-unit and international cooperation, and provides excellent opportunities for competence development. Furthermore, the change strengthens our ability to react quickly to market changes and customer needs."
The firm's business unit structure will remain unchanged, consisting of passenger tires, heavy tires and Vianor, Nokian said. Company's external reporting model will continue to include business units and geographical areas.
Starting next year, the passenger tires business unit will be managed from market and product line perspectives, Nokian said. Business areas will be responsible for profit and loss and customer-oriented business development according to the strategy.
The new business areas are:
- Americas (U.S., Canada and Central and South America)
- Europe (Nordic countries and the rest of Europe)
- Russia and Asia (Russia, China, Japan and the countries of the Caucasus and Central Asia)