RAMIRENT PLC COMPANY ANNOUNCEMENT 23 JANUARY 2015 at 9:00
Vantaa, Finland, 2015-01-23 08:00 CET (GLOBE NEWSWIRE) —
Ramirent will renew its management structure as of 23 January 2015. Target of the reorganisation is to strengthen Ramirent’s capability to execute the company’s strategy and increase synergies through a more integrated management structure. In the new structure, Ramirent’s operating segments are organised under two market areas Scandinavia and North Central Europe. The changes do not affect Ramirent’s financial reporting structure. Ramirent will continue to report financial results by operating segments Finland, Sweden, Norway, Denmark, Europe East and Europe Central.
“With the new management structure, we can accelerate the execution of the group strategy and we also see that we can find better synergies between the businesses,” says Magnus Rosén, President and CEO of Ramirent.
The main changes are as follows:
– President and CEO Magnus Rosén will also head the Scandinavia market area which covers the operating segments Sweden, Denmark and Norway.
– Anna Hyvönen, currently heading Finland and Baltic, is appointed Executive Vice President, North Central Europe which covers the operating segments Finland, Europe East and Europe Central.
Other Executive Management Team (EMT) members are Jonas Söderkvist, Chief Financial Officer and EVP, Corporate Functions and Dino Leistenschneider, EVP, Sourcing and Fleet Management. The Group Management Team comprises, in addition to EMT, the following members: Erik Alteryd, SVP, Sweden and Denmark; Øyvind Emblem, SVP, Norway (1 April 2015); Heiki Onton, SVP, Baltic; Mikael Kämpe, SVP, Europe Central; Franciska Janzon, SVP, Marketing, Communications, IR; Peggy Hansson, SVP, Human Resources, Health and Safety and Mats Munkhammar, SVP and CIO.
FURTHER INFORMATION
Magnus Rosén, President and CEO, tel. +358 20 750 2845
Jonas Söderkvist, CFO and EVP Corporate Functions, tel. +358 20 750 3248
DISTRIBUTION:
NASDAQ OMX Helsinki
Main news media
www.ramirent.com
Ramirent is More Than Machines™. We are a leading rental equipment group combining the best equipment, services and know-how into rental solutions that simplify customer business. We serve a broad range of customers, including construction and process industries, services, the public sector and households. In 2013, Group sales totalled EUR 647 million. The Group has 2,600 employees at 302 customer centres in 10 countries in the Nordic countries and in Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.