07.08.2019

Ramirent CEO to leave

Ramirent chief executive Tapio Kolunsarka has decided to leave the company following its acquisition by Loxam and after three years at the helm.

While he has filed his resignation he will remain in place until a successor has been appointed. See Change at the top at Rami
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Tapio Kolunsarka

UPDATE
Kolunsarka has announced that he will leave now at the end of December, regardless of whether a successor is found or not.

Speaking of his decision to resign, he said: “I am very proud of the work and the results that we have accomplished over the past three years that I have been at the helm. I want to warmly thank all the Ramirenters for their tireless commitment in improving Ramirent’s performance. In the coming months Ramirent’s journey as a stock listed company is coming to an end and a new era as part of the Loxam group is about to start. This is a logical time for me to hand over the leadership to my successor and move on to the next chapter of my professional life.”

Chairman Ulf Lundahl added: “Tapio Kolunsarka was appointed chief executive of Ramirent in 2016 and during his time the company has become the undisputed market leader in the Nordics and Eastern Europe. Ramirent’s financial performance has substantially improved with comparable earnings per share rising from 0.33 in 2015 to 0.74 in 2018. Behind this impressive performance lies a number of strategic actions initiated by Tapio. On behalf of the board I thank Tapio for his considerable achievements as the CEO of Ramirent and wish him all the best in his future career.”