(2 July 2012). Luvata, a world leader in metal-solution manufacturing, heat-transfer technology and engineering-and-design services, is pleased to announce several executive-level developments. The changes will come into effect from September 1st and are focused on the Heat Transfer Solutions Division, the Group’s Operational Excellence function and also on maximizing the performance of its Chinese operations, which have expanded from 1 to 6 plants in 9 years.
Luvata has three divisions: Heat Transfer Solutions (HTS), Tubes and Special Products. The Rolled-Products division was divested in 2011, in line with The Group’s focus on higher value-added solutions.
The developments include:
- New Head of Luvata China. This is a new organisational unit in Luvata. The Group’s plants in China represent all three of its operating divisions and employ over 20% of its staff. A more consolidated Chinese operation will give greater strength and offer substantial opportunities to exploit synergies in the country.
Hannu Wahlroos will become Head of Luvata China, retaining his position as an EVP on the executive team and reporting to the CEO and President. Hannu is currently the Head of HTS. He has a long history of setting up and running businesses worldwide and especially in China. He will be located in Zhongshan and will work with the business units to strengthen leadership and further support the development of the Chinese business.
- New Head of HTS Division. Dennis Appel will become Head of Luvata HTS Division, joining the executive team as an Executive Vice-President and based in the USA. Dennis is currently Vice-President of HTS Americas; he has 15 years’ experience with Luvata, particularly in running the HTS business in US, Europe and Asia. A replacement for his current role is to be announced soon.
- New Head of HTS China. Fredrik Vejgarden will become Head of Luvata HTS China, reporting to Dennis Appel as a Vice-President. Fredrik is currently Head of Operational Excellence for Luvata Group. Formerly of McKinsey, he has been responsible for much of Luvata’s strategic business transformation, particularly overseeing the introduction of LEAN principles throughout the business.
Following Fredrik’s reassignment, Luvata will split its Operational Excellence function into two parts, creating two new management roles: Head of Luvata Operating System and Head of Strategy and Business Development.
- New Head of Luvata Operating System. Chris Russell will be appointed Head of the ‘Luvata Operating System’. The role will comprise the Luvata Sales System (LSS), the Luvata Production System (LPS), and Operational Risk Management. Chris is already the Head of Luvata’s LPS team. He has many years’ experience in operations and specific knowledge of most of Luvata’s production. He will not join the executive team but will report directly to the CEO and President.
- The new Head of Strategy and Business Development is yet to be announced.
John Peter Leesi, CEO and President, commented on the changes: “This is a well-timed investment in the strength of our Chinese operation, in which our sales and production have grown significantly. In addition, it’s a credit to our long-term investment in developing leadership that we have been able to fill so many senior-level positions with high-performing internal candidates.”
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Luvata is a world leader in metal-solution manufacturing, heat-transfer technology and engineering-and-design services. Luvata’s solutions are used in industries such as renewable energy, power generation, automotive, medicine, air-conditioning, industrial refrigeration, and consumer products. The company’s continued success is attributed to its longevity, technological excellence and strategy of building partnerships beyond metals. Employing over 6,400 staff in 14 countries, Luvata works in partnership with customers such as Siemens, Toyota, CERN, and DWD International.
For further information, please contact:
Ian Morris Katie Pugh
Citigate Dewe Rogerson Citigate Dewe Rogerson
Tel: +44(0) 207 282 1037 Tel: +44(0) 207 282 2914