Kalmar Enhances Leadership Team to Propel Sustainable Growth
Kalmar Strengthens Leadership Team for Future Success
Kalmar Corporation continues to push forward with its strategic initiatives aimed at sustainable growth. The company has announced changes in its Leadership Team as part of its ongoing journey that began in mid-2024.
Significant Leadership Changes
The recent decisions involve key changes within the Leadership Team of Kalmar. Starting 1st October 2024, François Guetat, who served as Senior Vice President of Integrated Supply Chain, and Marika Väkiparta, the Senior Vice President of Transformation will be stepping down from their leadership roles. Their responsibilities will be integrated into existing functions to streamline operations.
Expanded Leadership Structure
The new composition of the Kalmar Leadership Team is designed to create a more effective organizational framework. The updated team will be led by:
- Sami Niiranen, President and CEO
- Sakari Ahdekivi, Chief Financial Officer
- Ulla Bono, SVP, General Counsel
- Carina Geber-Teir, SVP of IR, Marketing & Communications
- Mathias Höglund, SVP, Human Resources
- Tommi Pettersson, SVP, Strategy, Sustainability & Technology
- Alf-Gunnar Karlgren, President of Counter Balanced
- Thor Brenden, President of Terminal Tractors
- Arto Keskinen, President of Horizontal Transportation
- Shushu Zhang, President of Bromma
- Thomas Malmborg, President of Services
Improving the Operating Model
The organization is embarking on plans to refine its operating model, which reflects its commitment to enhancing operational efficiency. The focus will be on refining decision-making processes, optimizing supply chains, and implementing clearer end-to-end responsibilities.
Focus on Efficiency and Innovation
Kalmar aims to achieve significant efficiencies, reduce operational complexity, and improve overall competitiveness. This strategic shift will empower the company to invest in sustainable innovations, allowing it to seize growth opportunities as they arise. Completion of this planning process is targeted for later this year.
Driving Toward Financial Goals
This new operating model is an important part of the broader initiative aiming for €50 million in gross efficiency improvements. It aligns with their ambitious target of achieving a 15 percent comparable operating profit margin by 2028.
Sami Niiranen, President and CEO of Kalmar, emphasized the importance of this strategic transition: “Kalmar is at the forefront of sustainable material handling solutions. After successfully going public, we're eager to accelerate our transformation to a more service-oriented enterprise. Our goal is to continuously enhance our operational excellence while maintaining strong business performance. I firmly believe that these planned changes will significantly improve our offerings for customers and drive long-term value for our shareholders.”
About Kalmar
Kalmar is recognized for its pivotal role in global supply chains, specializing in sustainable material handling equipment and services. The company provides a comprehensive range of heavy material handling solutions to various sectors, including ports, distribution centers, and manufacturing facilities. With headquarters in Helsinki, Finland, Kalmar operates in over 120 countries worldwide and employs around 5,200 professionals. In recent years, the company reported sales approaching €2.0 billion, signifying a strong presence and commitment to quality in the industry.
Frequently Asked Questions
What changes are being made to Kalmar's Leadership Team?
Kalmar is restructuring its Leadership Team as part of its ongoing strategic initiatives, with two senior leaders departing and their functions being merged with existing roles.
Why is Kalmar focusing on improving its operating model?
This focus aims to streamline decision-making processes, enhance operational efficiency, and position Kalmar for sustainable economic growth.
What is the financial goal Kalmar aims to achieve by 2028?
Kalmar aims to achieve a 15 percent comparable operating profit margin by 2028 through efficiency improvements and operational excellence.
How does Kalmar plan to enhance its competitive position?
Kalmar plans to enhance its competitiveness by investing in sustainable innovations and optimizing supply chain processes to reduce complexity.
What areas does Kalmar operate in?
Kalmar operates in critical sectors, including ports, terminals, manufacturing, and heavy logistics, providing equipment and services that support supply chains globally.
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