Klaus Rauhansalo Appointed Acting CEO of FootBalance

Author:
Updated:
Original:

The board of FootBalance has appointed CFO Klaus Rauhansalo as Acting CEO from the beginning of June. FootBalance´s current President & CEO Tom Jungell has made a decision to move on to new challenges. Tom Jungell has been with the company since 2011.

"Under Tom´s management the company has been developing positively and continued it´s international growth in new market areas. I want to thank Tom for his efforts and wish him all the best with his new challenges,” Founder Erkki Hakkala says.

After it´s commercial launch in 2007, FootBalance has grown from a domestic Finnish company into an international player. In 2010 the Swedish private equity company Scope invested in FootBalance and became a large shareholder. Today FootBalance´s products are sold by over 1 000 retailers in 24 countries.

Andres Ossmark, Partner at Scope expressed his satisfaction with the company’s growth: “FootBalance has entered a number of potential growth markets in both Europe and Asia this year. The future looks very promising.”

Klaus Rauhansalo has a long career and extensive experience from both large corporations and startup companies. “I thank the board for this vote of confidence. I will do my utmost to the keep the business rolling normally during this transition,” Rauhansalo says.

More information:

Acting CEO, Mr. Klaus Rauhansalo, +358 40 751 5861

Related

Todd Poseley

FootBalance hires new vice president of sales

Todd Poseley brings extensive sports experience and new ideas to his North American sales leadership role FootBalance, an innovator in custom footbed technology, is announcing Todd Poseley as vice president of sales for North Americ Poseley comes to FootBalance from a highly ...read more

Linda Conti 2

FootBalance grows North American sales force

Key hires in Alberta, Canada and South Dakota will supercharge the footbed brand FootBalance, an innovator in custom footbed technology, is announcing the expansion of its sales reach in North America, with the addition of two new sales representatives. As its new Canadian ...read more

SA_Check

FootBalance teams up with Sports Authority Store Support Center to raise money for breast cancer research

The industry partners step up for a charity-boostingmolding marathon FootBalance, an innovator in custom footbed technology teamed up this month with Sports Authority, one of the nation's largest full-line sporting goods retailers, to raise more than $2,000 to benefit the Breast ...read more

Footbalance strengthens its presence in Europe – sales start in the Benelux countries, Portugal and Greece

Bo Sport International, renowned in the sporting goods segment, as well as in the brown shoe market, will commence distribution of the FootBalance product portfolio in Belgium, the Netherlands and Luxembourg. Bo Sports has a well-established distribution of technical footwear ...read more

amer-sports-logo

Amer Sports appoints new sales director

FOR IMMEDIATE RELEASEContact: Holly Calloway | Public Relations Directorholly@outsidemedia.com Matt Navarro joins Amer Sports Americas as strategic new hire OGDEN, Utah - December 2, 2015 - Amer Sports is pleased to announce the appointment of Matt Navarro as national sales ...read more

Flip Flop 2

FootBalance enters footwear market with 100% custom sandals

FootBalance, an innovator in custom footbed technology, is proud to announce its entry into the footwear industry by unveiling the first sandal to be 100% custom molded to the consumer’s unique feet in fewer than 15 minutes. While active users have been enjoying the benefits of ...read more

logo

Inverness Sales Group joins FootBalance North America

FootBalance, an innovator in custom footbed technology, welcomes Inverness Sales Group to FootBalance North America. Sean Logan, principal at Inverness Sales Group, and Brad Barber, brand ambassador for Inverness Sales Group are joining the FootBalance North America team with an ...read more

Outdoor Industry Applauds Senate’s Introduction of the Affordable Footwear Act of 2013

Media contacts: I Ling Thompson Outdoor Industry Association (303) 327-3531ithompson@outdoorindustry.org Kate Fielder Starview Strategies 435-640-6110kate@starviewstrategies.com Boulder, Colo., Nov 13, 2013 - Outdoor Industry Association® (OIA) commends the recent introduction ...read more

Darn Tough Vermont Logo

Darn Tough Vermont Appoints Mark Yardley Vice President of Sales

Northfield, Vt. (April 27, 2016) – Darn Tough Vermont, the American manufacturer of the fastest growing collection of performance outdoor and lifestyle socks, is excited to announce Mark Yardley has joined the brand as Vice President of Sales. Yardley joins Darn Tough from W.L ...read more