The Board of Directors of Rapala VMC Corporation has also appointed Jean-Philippe Nicolle as Chief Financial Officer of Rapala VMC Corporation to succeed the current CFO, who will leave the Group on June 21, 2023. Jean-Philippe Nicolle is currently Executive Vice President, head of South-European distribution and has been member of the Global Management team member since 2020. Nicolle has very strong experience in finance as he was during 1997-2007 the CFO of Normark France and VMC Pêche.

Executive Vice President, head of Russian distribution, Victor Skvortsov has resigned from Global Management Team with immediate effect.