Changes in Uponor’s Executive Committee

Uponor Corporation Stock exchange release 15 November 2019 12:00 EET

Changes in Uponor’s Executive Committee

On 25 October 2019, Uponor announced the start of an operational excellence programme, which aims for annual cost improvements of around €20 million by the end of 2021. As part of the programme, the company has decided to renew its management system and reorganise the composition of its Executive Committee.

As of 15 November 2019, Uponor’s Executive Committee will consist of the following members:

Jyri Luomakoski, President and CEO
Sebastian Bondestam, President, Uponor Infra
Bill Gray, President, Building Solutions – North America
Karsten Hoppe, President, Building Solutions – Europe
Minna Yrjönmäki, CFO

Minna Blomqvist, EVP HR and a member of Executive Committee, and Richard Windischhofer, EVP Corporate Development and Technology and a member of Executive Committee, will leave their positions in the Executive Committee as of 15 November 2019 and Uponor during November. “I want to thank both Minna and Richard for their contributions to Uponor’s development,” comments Jyri Luomakoski, President and CEO, Uponor Corporation.

Uponor Corporation

Susanna Inkinen
Vice President, Communications and Corporate Responsibility
Tel. +358 20 129 2081

DISTRIBUTION:
Nasdaq Helsinki
Media
www.investors.uponor.com

Uponor in brief
Uponor is a leading international systems and solutions provider for safe drinking water delivery, energy-efficient radiant heating and cooling and reliable infrastructure. The company serves a variety of building markets including residential, commercial, industrial and civil engineering. Uponor employs about 4,100 employees in 30 countries, mainly in Europe and North America. In 2018, Uponor's net sales totalled nearly €1.2 billion. Uponor is based in Finland and listed on Nasdaq Helsinki. Uponor builds on you - www.uponor.com