Tue January 8 07:00 am 2019 in category Company news

Nokian Tyres Hires DeCastro to Lead Finance in Americas Region

Nokian Tyres has hired Stephen DeCastro to lead North American financial operations from the company’s new office in Nashville, Tennessee. DeCastro will serve as Nokian Tyres’ Head of Finance and Controlling for the Americas region.

Nokian Tyres Hires DeCastro to Lead Finance in Americas Region

DeCastro has deep experience working in global finance across multiple industries. He joins
Nokian Tyres from Dover Corporation in Chattanooga, Tennessee, where he served as Senior
Corporate Finance Director for three years. He previously worked in a variety of capacities at
Procter & Gamble, most recently as Senior Manager of Global IT Finance at P&G’s Cincinnati,
Ohio headquarters.

DeCastro will oversee financial administration and planning in the Americas region, working
together with senior management to analyze and organize financial operations for the growing
tire company.

“We are excited to welcome Stephen to our team,” said Nokian Tyres Senior Vice President,
Americas Mark Earl. “His experience will help us build scalable financial systems that will
support our growth.”

DeCastro joins a growing number of employees at Nokian Tyres’ North American headquarters
office in Nashville. He brings robust experience in financial planning and analysis, including
special expertise in forecasting, competitive intelligence, profit-and-loss management, and cost

DeCastro is no stranger to global organizations and experiences. Early in his tenure at P&G, he
worked as a project manager in San Jose, Costa Rica, where he lived for eight years. He has
traveled to nearly a dozen countries and is fluent in Spanish.

DeCastro is a Wake Forest University graduate and has an MBA from The Ohio State

Nokian Tyres aims to double North American sales by 2023. The Finnish tire company is
building a production factory in Dayton, Tennessee, where it plans to produce four million tires
per year once it reaches full capacity. Construction remains on schedule for the plant to begin
producing tires in 2020, and Nokian Tyres will soon begin hiring workers to staff the factory.

For more information:
Nokian Tyres plc
Wes Boling, Marketing Communications Manager

Nokian Tyres is the world’s northernmost tire manufacturer and one of the most sustainable companies in the industry. We offer peace of mind in all conditions by developing high-quality, safe and eco-friendly tires for passenger cars, trucks and heavy machinery. We are especially well known for our innovative winter tires. Our group also includes the Vianor chain, specializing in vehicle maintenance and tire services. In 2017, the company’s turnover was approximately USD $2.0 billion and it employed some 4,600 people. Nokian Tyres is listed on Nasdaq Helsinki.
More information: www.nokiantires.com