

ManagementPresident & CEOThe Board of Directors is responsible for appointing and dismissing, if appropriate, the Managing Director, who also acts as the Group's Chief Executive Officer. The CEO is responsible for running the Group's operations and is in charge of its administration in accordance with the Company's Articles of Association, legislation, official regulations, and the instructions and orders of the Board. The CEO is also responsible for ensuring that the Company's accounting is in accordance with legal requirements and that assets are managed reliably. The CEO is assisted in these duties by the Executive Board.The current President & CEO is Mr. Kari Kauniskangas (M.Sc. Econ., b. 1962). The Company does not have an Executive Vice President responsible for acting as the CEO's deputy. Other managementExecutive BoardThe management team of Fiskars Corporation consists of the managers responsible for corporate and Group-wide functions. Under the leadership of the CEO, the Executive Board prepares proposals for the Board and discusses the Group's strategy and issues related to Group-wide and corporate functions and their development. The Executive Board's duties also include stakeholder relations.In 2010, the Executive Board consisted of CFO Teemu Kangas-Kärki, Chief Strategy Officer Max Alfthan, General Counsel Jutta Karlsson and Vice President, Operations Hille Korhonen. Business Area ManagementThe Presidents of Fiskars' business areas are responsible for the development of their business areas and for ensuring that their businesses comply with the requirements of local laws and regulations and Fiskars' Code of Conduct principles. They are also responsible for ensuring that the subsidiaries associated with their businesses have the appropriate resources needed for their business.The Presidents of Fiskars' business areas and the Executive Board form the Executive Team of the Company. In 2010, the Presidents of Fiskars' business areas were
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