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Konecranes appoints new CEO

Finnish marine and industrial crane and handling equipment manufacturer Konecranes has appointed Anders Svensson,47, as chief executive he will take up the role by December 7th , if not before. In the meantime, chief financial officer Teo Ottola will continue to act as the Interim chief executive.

Svensson joins the company after 14 years with Sandvik, where he has been president of the Sandvik Rock Processing Solutions since last year. He has served as a president of various Sandvik divisions since 2015, prior to which he was chief purchasing officer for Sandvik Construction and Sandvik Mining.
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Anders Svensson

A Swedish citizen and chemical engineer by education, Svensson began his career in 2000 as an R&D engineer with Svedala, moving to Metso Minerals in 2002 as a development manager for its Wear products division, leaving for Sandvik after three years.

Chairman Christoph Vitzthum said: “I am very pleased to announce the appointment of Anders Svensson as president and CEO of Konecranes. He has a convincing track record of delivering profitable growth and experience of working globally. With his results driven and engaging approach, strong customer focus and people skills, he is well equipped to lead Konecranes.”

“The Konecranes board of directors initiated an international search process in March immediately after the planned merger with Cargotec was cancelled. Several excellent candidates were evaluated. Anders Svensson demonstrates the right mix of competencies, personal qualities and experience to lead Konecranes on its exciting journey.”

Svensson added: “I am honoured and excited to have the opportunity to lead Konecranes, a global industry leader known for its unique service and equipment offering and great people. This is an exciting time to join the company, as Konecranes, with its leading technology and digital and automation capabilities, is in a unique position to support customers to further improve the safety, productivity and sustainability of their operations. I very much look forward to working with new colleagues around the world and building on a great foundation for profitable growth and future success.”