Ratos: New President and CEO for the GS-Hydro Group
Thomas Rönnholm has been appointed as President and CEO for GS-Hydro Oy and the GS-Hydro Group as of August 1, 2006.
Thomas Rönnholm is 52 years old and a Finnish citizen.
Thomas has during the last 18 years been working for Kone Corporation, a global supplier of elevators with a turnover of EUR 3 billion. In Kone Thomas has held a number of positions. He has been Executive Vice President for the US-operation, President of the subsidiaries in Denmark and Canada and Managing Director for Finland and Eastern Europe. Thomas has also been responsible for Business Development and Global Marketing in the headquarters of the company.
"Thomas Rönnholm has a long and wide international experience, from a global engineering company. He has been responsible for both local subsidiaries and key global activities. Thomas has therefore a wide experience from which he has a lot to contribute to the development of the GS-Hydro Group", says Anders Lindblad, Chairman of the Board of Directors.
Anders Lindblad, Chairman of the Board GS-Hydro Group, +46 70 551 87 72
Leif Johansson, Senior Investment Manager Ratos, +46 70 520 40 25
Anna-Karin Celsing, Head of Corporate Communications Ratos, +46 70 399 62 39
Financial calendar from Ratos:
Interim report January-June 2006 24 August 2006
Interim report January-September 2006 10 November 2006
Ratos is a listed private equity company. The business concept is to maximise shareholder value over time by investing in, developing and divesting primarily unlisted companies. Ratos thus offers stock market players a unique investment opportunity. The equity of Ratos's investments is approximately SEK 11 billion. Ratos's holdings include Alimak Hek, Arcus, Anticimex, Atle Industri, Bisnode, Bluegarden, BTJ Group, Camfil, DIAB, Gadelius, GS-Hydro, Haendig, Haglöfs, HL Display, Hägglunds Drives, Industri Kapital, Inwido, Lindab, Overseas Telecom and Superfos.