Nokian Tyres plc has named Paolo Pompei its new president and CEO. He will start with Nokian on Jan. 1, 2025, "at the latest," say Nokian officials.
Pompei, who is still CEO of Yokohama TWS, will replace Jukka Moisio as president and CEO of Nokian. Moisio has held those positions since 2020.
Prior to his current position at Yokohama TWS, Pompei "held several leadership positions in the Trelleborg Group, including the position of president of the business unit (of) agricultural tires and earlier in his career, he worked at Pirelli," say Nokian officials.
“I am very pleased to have Paolo Pompei starting to lead Nokian Tyres,“ says Jukka Hienonen, chair of Nokian Tyres’ board of directors. “Paolo Pompei has very strong international experience from the tire industry, delivering continuous growth and strong financial performance in his earlier positions.
"He also has a deep understanding of the markets in Central Europe and North America, which are the key growth markets for Nokian Tyres. Paolo Pompei has the experience and capabilities to lead Nokian Tyres in its next phase of development toward" Nokian's goal of having $2 billion euros in global net sales.
"I am honored to be appointed to lead Nokian Tyres, which is a fantastic company in an exciting transformation phase, as the company is targeting strong growth in Central Europe and North America while being a global leader in the sustainability area, building the world’s first zero CO2 emission tire factory in Romania," says Pompei. "This - combined with great products, a valued brand and leading position in the Nordic countries - offers a lot of opportunities for development. I look forward to working with the Nokian Tyres team and creating future success together with existing and new customers."
