Changes in Konecranes Executive Board

KONECRANES PLC  STOCK EXCHANGE RELEASE  April 27, 2016 at 9:10

Konecranes’ President and CEO Panu Routila will assume the position of Head of Business Area Equipment in addition to his existing duties as of May 1, 2016.

Ryan Flynn, Executive Vice President and Head of Business Area Equipment, has announced that he is leaving Konecranes to pursue other interests. He will continue working for Konecranes until May 31, 2016, ensuring smooth transition of his responsibilities to his successor.

"I want to thank Ryan Flynn for his contribution to Konecranes’ Group Executive Board and leading Business Area Equipment over the past 2 years. During this time he has implemented various restructuring of operations and thus reducing our overall cost structure, implementing our strategic initiatives as well as developing the future organization. I warmly wish Ryan all the best in his future endeavors", says Panu Routila, President and CEO of Konecranes Plc.

As of May 1, 2016, the Group Executive Board will consist of the following members:

Panu Routila, President and CEO
Teo Ottola, CFO
Fabio Fiorino, Executive Vice President, Head of Business Area Service
Mikko Uhari, Executive Vice President, Strategy and Technology
Juha Pankakoski, Chief Digital Officer
Timo Leskinen, Senior Vice President, Human Resources


KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations

 

FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc,
tel. +358 20 427 2050

 

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 and machine tools of all makes. In 2015, Group sales totaled EUR 2,126 million. The Group has 11,600 employees at 600 locations in 48 countries. Konecranes is listed on the Nasdaq Helsinki (symbol: KCR1V).

 

DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com

 

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