Kalmar continues to proceed with the execution of its strategy, launched in May 2024, and plans to review its current operating model.
The composition of the Kalmar Leadership Team will also change in conjunction. In particular, François Guetat, SVP of Integrated Supply Chain and Marika Väkiparta, SVP of Transformation are no longer be part of the leadership team, effective from 1 October 2024.
The current composition of Kalmar’s Leadership Team is as follows:
- Sami Niiranen, President and CEO
- Sakari Ahdekivi, Chief Financial Officer
- Ulla Bono, SVP, General Counsel
- Carina Geber-Teir, SVP, IR, Marketing & Communications
- Mathias Höglund, SVP, Human Resources
- Tommi Pettersson, SVP, Strategy, Sustainability & Technology
- Alf-Gunnar Karlgren, President, Counter Balanced
- Thor Brenden, President, Terminal Tractors
- Arto Keskinen, President, Horizontal Transportation
- Shushu Zhang, President, Bromma
- Thomas Malmborg, President, Services.
The company said that planning of the new operating model will begin immediately and the target is to have the planning completed during 2024.
“Faster decision-making, supply chain and process optimisation together with clear end-to-end responsibilities are expected to bring efficiencies, reduce complexity and enhance competitiveness as well as quality,” stated Kalmar.
This is expected to allow the Finnish port equipment manufacturer to invest in sustainable innovations.
The planned new operating model and continuous improvement measures are part of the previously communicated driving excellence initiative of €50 million (US$55 million) gross efficiency improvements and are in line with the aim of reaching the 15% comparable operating profit margin target by 2028.
“After a successful listing, it is time to speed up our transformation journey to become a more service driven company,” noted Sami Niiranen, President and CEO of Kalmar.
He went on to add, “I’m confident that the planned changes to our operating model will deliver an even better and more sustainable offering to our customers and drive long-term value creation for Kalmar’s shareholders.”