Stockholm / SE. (cab) Cloetta´s Board of Directors has decided to appoint David Nuutinen to President and CEO of Cloetta AB. He will assume the position as of 20 July, 2015. Nuutinen is currently President Cloetta Finland and will succeed Bengt Baron who, after six year as CEO of Cloetta and Leaf, has decided to leave the company. «David Nuutinen has a solid background and excellent understanding of Cloetta and the confectionery industry. He has been a key player in Cloetta´s Group Management team since 2007, leading the Finnish business to continuous excellent performance. He has 30 years of experience from the fast moving consumer goods industry. Under the leadership of David Nuutinen, the strategy and financial targets remain intact», says Caroline Sundewall, Chairman of the Board of Directors. «I am very happy to get the opportunity to lead Cloetta. My ambition is to continue on the profitable growth path driven by organic sales, continued cost-efficiencies and new initiatives including potential acquisitions», says Nuutinen. Nuutinen was born in Canada in 1959 and is a Finnish citizen. He is married with two children. David holds a M.Sc. in Economics from the Helsinki School of Economics. He has been President of Cloetta and Leaf Finland since 2005, Commercial Director at Leaf Finland, 2003 to 2005, General Manager of PepsiCo Beverages, Finland, Baltics, Ukraine, 2000 to 2002, Operations Director at McDonald´s Finland, 1996 to 2000 and has held various marketing and sales positions at Vaasanmylly Oy, 1986 to 1996. He is the Chairman of Kamux Holding Oy and a board member of Splizzeria Oy.