KONECRANES PLC INSIDE INFORMATION June 10, 2022 at 9:30 am EEST
Anders Svensson appointed President and CEO of Konecranes
Konecranes Plc has appointed Anders Svensson (b. 1975) as its new President and CEO. Anders Svensson will assume his role at the latest on December 7, 2022.
Anders Svensson joins Konecranes from Sandvik, where he is currently President of the Sandvik Rock Processing Solutions Business Area. Prior to his current role, he has held various leadership positions within Sandvik since 2008, including President, Crushing and Screening Division; President, Customer Services and SVP Global Sales, Sandvik Construction as well as Chief Purchasing Officer, Sandvik Construction and Sandvik Mining. Anders Svensson holds a M.Sc. in Chemical Engineering. He is a Swedish citizen. Further details are available in his CV attached to this release.
“I am very pleased to announce the appointment of Anders Svensson as President and CEO of Konecranes. He has a convincing track-record of delivering profitable growth and experience of working globally. With his results-driven and engaging approach, strong customer focus and people skills, he is well equipped to lead Konecranes,” says Christoph Vitzthum, the Chairman of Konecranes’ Board of Directors.
“The Konecranes Board of Directors initiated an international search process for a new President and CEO in March immediately after the planned merger with Cargotec was cancelled. Several excellent candidates were evaluated. Anders Svensson demonstrates the right mix of competencies, personal qualities and experience to lead Konecranes on its exciting journey,” continues Vitzthum.
“I am honoured and excited to have the opportunity to lead Konecranes, a global industry leader known for its unique service and equipment offering and great people. This is an exciting time to join the company, as Konecranes, with its leading technology and digital and automation capabilities, is in a unique position to support customers to further improve the safety, productivity and sustainability of their operations. I very much look forward to working with new colleagues around the world and building on a great foundation for profitable growth and future success,” says Anders Svensson.
Until Anders Svensson joins the company, Konecranes CFO Teo Ottola will continue to act as the Interim CEO.
KONECRANES PLC
The Board of Directors
FURTHER INFORMATION
For investors and analysts, please contact
Kiira Fröberg,
Vice President, Investor Relations,
tel. +358 (0) 20 427 2050
For media, please contact
Niina Suhonen
Vice President, Group Marketing and Communications
tel. +358 (0) 40 843 9438
Joint news conference for investors, analysts and the media
Konecranes will host a press, analyst and investor conference including a Q&A session to discuss today’s announcement. The event will be held today, on June 10, 2022 at 1 p.m. EEST at Flik Helsinki’s Studio Eliel at Sanomatalo, Töölönlahdenkatu 2, Helsinki. Present at the event will be Christoph Vitzthum, the Chairman of Konecranes, and Anders Svensson. The event will be held in English.
Joining via webcast
The event can be viewed as a live webcast at https://konecranes.videosync.fi/2022-06-10, and questions may be presented through the same link.
Joining via telephone
The event can also be attended, and questions presented by telephone by calling one of the following telephone numbers:
Denmark Toll: +45 35445577
Finland Toll: +358981710310
France Toll: +33 170750711
Germany Toll: +49 6913803430
Hong Kong Toll: +852 30600225
Norway Toll: +47 23500243
Sweden Toll: +46 856642651
United Kingdom Toll: +44 3333000804
United States Toll: +1 6319131422
Password: 53843157#
The conference will be recorded, and an on-demand version of the conference will be available later during the day on Konecranes website.
Konecranes is a world-leading group of Lifting Businesses, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity enhancing lifting solutions as well as services for lifting equipment of all makes. In 2021, Group sales totaled EUR 3.2 billion. The Group has approximately 16,600 employees in around 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).
DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com
