The president and CEO of Finland’s meat manufacturer HKscan resigned on Wednesday 20 January, ending his three-year association at the helm of the company.
It is not yet clear why Kottonen and the company’s board of directors agreed to discontinue his role so unexpectedly.
In Kottonen’s absence, Aki Laiho, deputy CEO and COO, will temporarily take on the position of CEO. HKScan have said they will immediately begin to look for a permanent successor.
“On behalf of the board of directors and myself, I would like to thank Hannu Kottonen and wish him every success in the future”, said Mikko Nikula, chairman of the HKScan board.
After the news of Kottonen’s departure broke, the share price of HKScan fell by 2.49% on Wednesday 20 January.