As announced in June, Svensson has been appointed as Konecranes’ President and CEO and will now assume the role earlier than previously communicated.

Konecranes had planned to host a Capital Markets Day in the autumn 2022. As Svensson joins the company in October, Konecranes has decided to postpone the Capital Markets Day to the first half of 2023. The exact date will be announced later.

“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,” said Svensson.

Svensson joins Konecranes from Sandvik, where he is currently president of the Sandvik Rock Processing Solutions Business Area. Prior to his current role, he has held various leadership positions within Sandvik since 2008, including president, Crushing and Screening Division; president, Customer Services and SVP global sales, Sandvik Construction as well as chief purchasing officer, Sandvik Construction and Sandvik Mining.

“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,” said Christoph Vitzthum, chairman, Konecranes’ Board of Directors.

“The Konecranes Board of Directors initiated an international search process for a new president and CEO 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.”

 Until Anders Svensson joins the company, Konecranes CFO Teo Ottola will continue to act as interim CEO.