Footbalance Adds Decades of Experience with the Appointment of New CEO

Tom Jungell now holds the position of Footbalance Group Chief Executive Officer based out of the Helsinki, Finland Global HQ

Footbalance, an innovator in custom footbed technology, is pleased to announce Tom Jungell as the Footbalance Oy, Helsinski Finland, Group CEO. Working with managing directors in each global subsidiary, Jungell will cooperate directly with Matt Kaplan, President and Managing Director of Footbalance North America.

“Footbalance is an exciting company with great global potential. It´s very inspiring to become a part of the team and working together to ensure that more people can enjoy better foot comfort in sports and daily life,” says Tom Jungell, incoming Footbalance Group CEO.“I look forward to enhancing our presence with new and existing customers and jointly developing new products and services that meet the end-users needs for better performance.”

“Bringing Tom onboard will be a great addition for Footbalance Oy.I look forward to working with him to create an exciting and cohesive global brand positioning strategy to expand the business not only in Europe, but here in North America as well”, says Matt Kaplan, President and Managing Director of Footbalance North America.

“Tom has a striking track record in successful leadership. His background in sales and marketing will strengthen the Footbalance’s key functions as it grows internationally,” says Footbalance Board Chair Roger Talermo.

Jungell replaces Footbalance Founder Erkki Hakkala, who will now lead the research and development activities to further develop Footbalance’s position as the most innovative company in its sector.

“I am pleased to hand the reigns over to Tom. I feel confident that Tom’s management skills are essential to the transition from a growing company to a recognized international player,” says Hakkala.

Since its commercial launch in 2007, Footbalance has grown rapidly by offering custom-molded footbeds and analysis tools. As an innovator in custom footbed technology, Footbalance enables retailers to supply superior service and products to enhance their customers’ performance and prevent injuries. Today, Footbalance footbeds are available in 18 countries.