Uponor Oyj
Uponor appoints Jan Peter Tewes as head of its Building Solutions – Europe segment and a member of the Group Executive Committee
DGAP-News: Uponor Oyj 2015-06-10 / 13:00 --------------------------------------------------------------------- Uponor Corporation Stock exchange release 10 June 2015 14.00 EET Uponor appoints Jan Peter Tewes as head of its Building Solutions - Europe segment and a member of the Group Executive Committee Uponor Corporation's Board of Directors has appointed Jan Peter Tewes (46), M.Sc. (Econ.), MBA, as Executive Vice President Building Solutions - Europe and a member of the Group's Executive Committee, effective from 1 September 2015. Mr Tewes will be the first head of the Building Solutions - Europe segment, which has been operating on a dual functional manager principle since 2013. Reporting to Jyri Luomakoski, President and CEO of Uponor Corporation, he will also assume responsibility for Group brand management. Jan Peter Tewes, a German citizen, has a varied professional background in the European sanitary and plumbing industry. Most recently, he was employed as Chief Marketing Officer and member of the global management team at Grohe Global, a German-based sanitary fittings provider. Prior to that, he served as managing director at Grohe Northern Europe/Baltics and Grohe UK/Ireland and, earlier, as Business Manager at Masterfoods Europe, among others. 'Jan Peter has a thorough understanding of the business dynamics and challenges in our industry in the European landscape. He has a successful track record in leading businesses and managing brands in the building materials industry, which gives him a solid base to speed up the development and growth of Uponor's building solutions business under one management in Europe', says Jyri Luomakoski, Uponor's President and CEO. Fernando Roses, until now EVP, Offering and Supply Chain for Building Solutions - Europe, and member of the Group's Executive Committee, will continue as Executive Committee member assuming the new role of EVP, Technology and Corporate Development at Uponor Group, effective as of 1 September 2015. He continues to report to President and CEO Jyri Luomakoski. This appointment highlights the growing strategic importance of research, technology and sustainability for Uponor globally. Fernando will drive major group-wide initiatives in the field of technology development, digitalisation and M&A, among others. After a career of nearly 19 years with Uponor and one of its predecessors, Heiko Folgmann, EVP, Sales and Marketing for Building Solutions - Europe has announced his resignation from Uponor. 'I wish to thank Heiko for his dedication and drive, first managing the German and Central European operations and more recently leading Building Solutions - Europe's sales and marketing and Group brand development. His role in transforming and renewing Uponor has been central. I fully appreciate his desire to make changes on a personal level, and I wish him all the best for his future career,' says President and CEO Jyri Luomakoski. Heiko will retire from the Executive Committee at the end of June and will provide support in the transition of the new roles until the end of September. Apart from the changes mentioned above, Uponor's Executive Committee remains as today. For further information, please contact: Jyri Luomakoski, President and CEO, tel. +358 20 129 2824 Uponor Corporation Tarmo Anttila Vice President, Communications Tel. +358 20 129 2852 DISTRIBUTION: NASDAQ Helsinki Media www.uponor.com Uponor is a leading international provider of plumbing and indoor climate solutions for residential and commercial building markets across Europe and North America. In Northern Europe, Uponor is also a prominent supplier of infrastructure pipe systems. The Group employs approx. 3,800 persons, in 30 countries. In 2014, Uponor's net sales exceeded EUR1 billion. Uponor Corporation is listed on NASDAQ Helsinki in Finland. www.uponor.com. News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-06-10 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Uponor Oyj Finland ISIN: FI0009002158 End of News DGAP News-Service --------------------------------------------------------------------- 367063 2015-06-10
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