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Annual Report 2014

GOVERNANCE

GROUP EXECUTIVE BOARD

Pekka Lundmark

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Born: 1963
President and CEO. Member of the Group Executive Board since 2004. Employed 2004. M.Sc. (Eng.)
Primary work experience: KCI Konecranes 2004–2005: Group Executive Vice President; Hackman Abp 2002–2004: CEO; Startupfactory 2000–2002: Managing Partner; Nokia Corporation 1990–2000: various executive positions
Current key positions of trust: Marimekko Ltd.: Chairman of the Board; Valmet Corporation: Board Member and Member of the Board’s Remuneration and HR Committee; The Federation of Finnish Technology Industries: Board Member
Shares: 216,497
Options to acquire: 45,000 shares

Ryan Flynn

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Born: 1971
Executive Vice President, Head of Business Area Equipment (as of June 1, 2014). Member of the Group Executive Board since 2014. Member of the Senior Management Team 2013. Member of the Extended Management Team 2009–2013. Employed 2005–2013, 2014–. MBA, B.Com.
Primary work experience: Bluescope Steel 2013–2014: VP, Strategy & Business Development; Konecranes Plc 2009–2013: SVP, Head of Region APAC (Asia-Pacific); Konecranes Plc., China 2005–2009: Director, Ports & Lift trucks; NFS Industrial Machinery, South Africa 2003–2005: General Manager; Afinta Motor Corporation, South Africa 1996–2000: Director; Standard Bank, South Africa 1990–1996: Business Manager
Shares: 1,000
Options to acquire: 10,000 shares

Teo Ottola

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Born: 1968
Chief Financial Officer. Member of the Group Executive Board since 2007. Employed 2007. M.Sc. (Econ.)
Primary work experience: Elcoteq SE 2004–2007: CFO; Elcoteq Network Oyj 1999– 2004: SVP (Business Control and Accounting); 1998–1999: Group Business Controller; Elcoteq Lohja Oy 1996–1998: Business Controller; Rautaruukki Oy 1992–1996: Financial Planner
Shares: 24,531
Options to acquire: 25,000 shares

Fabio Fiorino

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Born: 1967
Executive Vice President, Head of Business Area Service and Chief Customer Officer. Member of the Group Executive Board since 2012. Employed 1995. B. Eng. P.Eng. MBA
Primary work experience: Konecranes Americas 2010–2011: VP, Head of Service, Region Americas; Morris Material Handling, Inc. 2006–2009: President; R&M Materials Handling, Inc. 1999–2006 / Drivecon, Inc. 2002–2006: President; Konecranes Americas 1998–1999: VP, Business Development, Latin America; Konecranes Canada, Inc. 1995–1998: Marketing Manager; AECL 1989–1994: Mechanical/Project Engineer
Shares: -
Options to acquire: 9,000 shares

Mikko Uhari

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Born: 1967
Executive Vice President, Strategy and Technology. Member of the Group Executive Board since 1997. Employed 1997. Lic. Sc. (Eng.)
Primary work experience: Konecranes Plc 2011–2012: EVP, Head of Market Operations, 2010–2011: EVP, Head of Business Area Equipment; KCI Koneranes/ Konecranes 2005–2009: President, New Equipment Business Areas; KCI Konecranes 2004–2005: President, Special Cranes (Heavy Lifting); 1997–2003: President, Harbor and Shipyard Cranes; KONE Corporation 1982–1997: various managerial positions at Wood Handling Division (Andritz as of 1996) in Finland, Sweden and in the USA, including: 1996–1997 GVP, Marketing; 1992–1996: GVP, Project Business; 1990–1992: Director, Wood Handling Unit, Finland
Shares: 100,491
Options to acquire: 25,000 shares

Antti Koskelin

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Born: 1970
Chief Information Officer, CIO. Member of the Group Executive Board since 2013. Member of the Extended Management Team 2009–2012. Employed 2009. B.Sc. (Information Technology)
Primary work experience: Nokia Corporation 1994–2008: several global leadership positions in the USA and in Finland.
Shares: 785
Options to acquire: 15,000 shares

Timo Leskinen

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Born: 1970
Senior Vice President, Human Resources. Member of the Group Executive Board since 2013. Employed 2013. M.Sc. (Psy)
Primary work experience: Fiskars 2009–2013: VP, Human Resources; Nokia Services 2008–2009: Director HR; Nokia Customer and Market Operations 2006–2007: Director, HR; Nokia Ventures Organization 2004–2006: Head of Operations; 2000–2004: HR Manager; MPS 1999–2000: HR Consultant
Shares: 1,349
Options to acquire: -

Hannu Rusanen

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Born: 1957
Senior Advisor (June 1–August 31, 2014). Member of the Group Executive Board 2004–2014 (until May 31, 2014). Employed 2003. M.Sc. (Eng.)
Primary work experience: Konecranes Plc 2012–May 2014: EVP, Head of Business Area Equipment; 2007–2011: EVP, Head of Business Area Service; KCI Konecranes/ Konecranes 2003–2006: Country Executive, Nordic; ABB Finland 1995–2002: VP, Service; Tampella Oy 1982–1995: various management positions in Finland and in the USA
Shares: 45,871
Options to acquire: 25,000 shares
GOVERNANCE

BOARD OF DIRECTORS

Stig Gustavson

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Born: 1945
Chairman of the Board since 2005. Board Member since 1994 and Member of the Nomination and Compensation Committee since 2006. M.Sc. (Eng.), Dr.Tech. (hon.)
Principal occupation: Board Professional
Primary work experience: KCI Konecranes Plc 1994–2005: President and CEO; KONE Cranes division 1988–1994: President; KONE Corporation 1982–1988, Prior to 1982: Holder of various executive positions in major Finnish corporations
Current key positions of trust: Ahlström Capital Oy: Chairman of the Board; Dynea Oy: Vice Chairman of the Board; Handelsbanken Regional Bank Finland: Chairman of the Board; Oy Mercantile Ab: Vice Chairman of the Board; IK Investment Partners Oy: Senior Regional Advisor and Board Member IK Funds; Technology Academy Foundation: Chairman of the Board; Varma Mutual Pension Insurance Company: Member of the Supervisory Board; Outokumpu Oyj: Board Member
Shares: 6,430*

Mr. Stig Gustavson is deemed to be dependent of the Company based on the Board’s overall evaluation relating to his former and current positions in Konecranes combined with his substantial voting rights in the Company. *Mr. Gustavson is independent of any significant shareholder.

* Konecranes Plc has on December 28, 2011 received information according to which the Chairman of the company’s Board of Directors Stig Gustavson has donated all of the shares he at that time owned in Konecranes Plc to his near relatives retaining himself for life the voting rights and right to dividend attached to the donated shares. The donation encompasses in total 2,069,778 shares which corresponds to approximately 3.27 percent of all of the company’s shares and voting rights

Svante Adde

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Born: 1956
Board Member since 2004. Member of the Audit Committee since 2004 and Chairman of the Audit Committee since 2008. B.Sc. (Econ. and Business Administration)
Principal occupation Senior Adviser, Lincoln International; Board Professional
Primary work experience: Pöyry Capital Ltd, London 2007–2013: Managing Director; Compass Advisers, London 2005–2007: Managing Director; Ahlstrom Corporation 2003–2005: Chief Financial Officer; Lazard Ltd, London and Stockholm 2000–2003: Managing Director; Lazard Ltd, London 1989–2000: Director; Citibank 1979–1989: Director
Current key positions of trust: Agroenergi Neova Pellets AB: Chairman of the Board; Meetoo AB: Chairman of the Board; Rörvik Timber AB: Chairman of the Board; Cambium Global Timberland Ltd: Board Member
Shares: 7,682

Independent of the Company and its significant shareholders.

Tapani Järvinen

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Born: 1946
Board Member since 2009 and Member of the Audit Committee since 2009. M.Sc. (Eng.), Lic. Sc. (Tech.)
Principal occupation: Board Professional
Primary work experience: Outotec Oyj 2006–2009: President and CEO; Outokumpu Technology, Finland 2003–2006: President and CEO; Outokumpu Oyj, Finland 2000–2005: Executive Vice President and Member of the Group Executive Committee; Compañía Minera Zaldívar, Chile 1994–2000: General Manager and CEO
Current key positions of trust: Outotec Oyj: Board Member; Normet Corporation: Board Member; Talvivaara Mining Company Plc: Chairman of the Board
Shares: 5,175

Independent of the Company and its significant shareholders.

Matti Kavetvuo

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Born: 1944
Board Member since 2001. Chairman of the Nomination and Compensation Committee 2009–2011 and Member since 2012. Member of the Audit Committee 2004–2008. M.Sc. (Eng.), B.Sc. (Econ.)
Principal occupation: Board Professional
Primary work experience: Pohjola Group Plc 2000–2001: CEO; Valio Ltd 1992–1999: CEO; Orion Corporation 1985–1991: CEO; Instrumentarium Corp. 1979–1984: President
Current key positions of trust: No current key positions of trust.
Shares: 11,661

Independent of the Company and its significant shareholders.

Nina Kopola

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Born: 1960
Board Member since 2011 and Member of the Nomination and Compensation Committee since 2011. M.Sc. (Chemical Eng.), Lic. Sc. (Tech.)
Principal occupation: President and CEO, Suominen Corporation
Primary work experience: Dynea Oy 2008–2011: Executive Vice President, Europe; Dynea Oy 2006–2008: Executive Vice President, Global Market Applications; Dynea Oy 2005–2006: Group Vice President, Marketing; Dynea Oy 2000–2005: Various management positions in Marketing, Controlling, and Business Analysis
Current key positions of trust: Chemical Industry Federation of Finland: Board Member; Finnish Plastics Industries Federation: Board Member; The Federation of Finnish Textile and Clothing Industries: Board Member
Shares: 3,287

Independent of the Company and its significant shareholders.

Bertel Langenskiöld

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Born: 1950
Board Member since 2012 and Member of the Nomination and Compensation Committee since 2012. M.Sc. (Eng.)
Principal occupation: Managing Director, Hartwall Capital Oy Ab
Primary work experience: Metso Corporation, Paper and Fiber Technology 2009–2011: President; Metso Paper 2007–2008: President; Metso Paper, Fiber Business Line 2006–2007: President; Metso Minerals 2003–2006: President; Fiskars Corporation 2001–2003: President and CEO; Tampella Power/Kvaerner Pulping, Power Division 1994–2000: President
Current key positions of trust: Kährs Holding AB: Board Member; Inkerman International AB: Board Member
Shares: 2,571

Mr. Bertel Langenskiöld is independent of the Company. Mr. Langenskiöld is deemed to be dependent of significant shareholders of the Company based on his current position as the Managing Director of Hartwall Capital Oy Ab. HTT KCR Holding Oy Ab holds more than 10 percent of Konecranes Plc’s shares and votes. HTT KCR Holding Oy Ab is a subsidiary of Hartwall Capital Oy Ab. In addition, HTT KCR Holding Oy Ab, K. Hartwall Invest Oy Ab and Fyrklöver-Invest Oy Ab will in practice cooperate in matters concerning their ownership in Konecranes Plc.

Malin Persson

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Born: 1968
Board Member since 2005 and Member of the Audit Committee since 2012. Member of the Nomination and Compensation Committee 2005–2011. M.Sc. (Eng.)
Principal occupation: CEO & Owner, Accuracy AB
Primary work experience: Volvo Group: Holder of various executive positions including: Volvo Technology Corporation: President and CEO; AB Volvo: Vice President, Corporate Strategy and Business Development; Volvo Transport Corporation: Vice President, Business & Logistics Development; Chalmers University of Technology Foundation: President and CEO
Current key positions of trust: Board Member in Hexpol AB, Becker Industrial Coatings, Kongsberg Automotive, Getinge, Ahlström Capital Oy, and Mobile Climate Control
Shares: 6,830

Independent of the Company and its significant shareholders.

Mikael Silvennoinen

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Born: 1956
Board member since 2008 and Member of the Audit Committee since 2008. M.Sc. (Econ.)
Principal occupation: Executive Chairman of the Board, IMS Talent Oy
Primary work experience: Pohjola Group 1997–2013: President and CEO: 1989–1997: Holder of various executive positions; Wärtsilä Group 1983–1989: Group Treasurer
Current key positions of trust: Orion Corporation: Board Member; Hartwall Capital Oy Ab: Board Member; The Finnish Foundation for Share Promotion: Board Member
Shares: 5,614

Mr. Mikael Silvennoinen is independent of the Company. Mr. Silvennoinen is deemed to be dependent of significant shareholders of the Company based on his current position as the Member of the Board of Hartwall Capital Oy Ab. HTT KCR Holding Oy Ab holds more than 10 percent of Konecranes Plc’s shares and votes. HTT KCR Holding Oy Ab is a subsidiary of Hartwall Capital Oy Ab.

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