Changes to Ovako’s board

  • Joakim Olsson has been elected as new Chairman of Ovako board
  • Johan Pernvi has been elected as new board member of Ovako
  • Finn Johnsson and Björn Nilsson will leave the board

Joakim Olsson has been elected new chairman of Ovako board, where he has been a member since last year. Joakim Olsson replaces Finn Johnsson. Joakim Olsson is Senior Industry Expert at Triton Partners. He has extensive experience of leading and developing major international organisations in industry, energy and automation. He was previously president and CEO at SAG Group GmbH and Haldex AB (publ), and has held a number of senior positions at ABB. Joakim Olsson is chairman of Seves Group SARL and a director of DencoHappel GmbH and VCST Holdco SA. His previous directorships include Semcon AB, Concentric AB, Teknikföretagen and Svenskt Näringsliv.

Furthermore, Johan Pernvi has been elected board member and will replace Björn Nilsson from Triton. Johan Pernvi is an investment advisory professional from Triton. Johan Pernvi joined Triton from H.I.G. European Capital Partners LLP in London. Previously, Johan Pernvi worked at Ratos AB and Bain & Co.

“I would like to thank Finn and Björn for their commitment and important contribution in the board supporting the strategic repositioning of Ovako”, says Joakim Olsson.

Ovako's board of directors now comprises: Joakim Olsson, chairman; Oskari Eskola, director; Nizar Ghoussaini, director; Martin Ivert, director; Johan Pernvi, director; Sakari Tamminen, director; Robert Nilsson, employee representative and Timo Viiperi, employee representative.

Further information can be obtained from:
Elina Olsson, Group Communications, +46 (0)8 622 13 22

Ovako develops high-tech steel solutions for, and in cooperation with, its customers in the bearing, transport and manufacturing industries. Our steel makes our customers’ end products more resilient and extends their useful life, ultimately resulting in smarter, more energy-efficient and more environmentally-friendly products.

Our production is based on recycled scrap and includes steel in the form of bar, tube, ring and pre-components. Ovako is represented in more than 30 countries, and has sales offices in Europe, North America and Asia. Ovako’s sales in 2014 amounted to EUR 862 million, and the company had 2,925 employees at year-end. For more information, please visit us at www.ovako.com

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About Us

Ovako develops high-tech steel solutions for, and in cooperation with, its customers in the bearing, transport and manufacturing industries. Our steel makes our customers’ end products more resilient and extends their useful life, ultimately resulting in smarter, more energy-efficient and more environmentally-friendly products. Our production is based on recycled scrap and includes steel in the form of bar, tube, ring and pre-components. Ovako is represented in more than 30 countries and has sales offices in Europe, North America and Asia. Ovako’s sales in 2016 amounted to EUR 781 million and the company had 2,800 employees at year-end. For more information, please visit us at: www.ovako.com. Press images please go to:http://mediabank.ovako.com/search/images

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I would like to thank Finn and Björn for their commitment and important contribution in the board supporting the strategic repositioning of Ovako
Joakim Olsson