Stock Exchange release
13 August 2008 9.00 am
Uponor's CEO Jan Lång resigns, search for a new CEO started
Uponor Corporation's President and CEO Jan Lång has announced his resignation
in order to assume a position in another publicly listed company. Lång will
continue in his current role until late autumn. The Uponor Board will initiate
a recruitment process for his successor immediately.
Lång joined Uponor in June 2003 and started as CEO on 1 August 2003. During
this time, Uponor has continued on a path from a versatile conglomerate to a
specialist in pipe systems and housing solutions. The past five years have seen
Uponor evolve from a decentralised group of companies to a unified company that
operates under one brand.
For further information, please contact:
Jari Paasikivi, Chairman of the Board, Tel. +358 (0)500 530 375
Tarmo Anttila
Vice President, Communications
Tel. +358 (0)20 129 2852
DISTRIBUTION
OMX Nordic Exchange - Helsinki
Media
www.uponor.com
Uponor is a leading supplier of plumbing and heating systems for the
residential and commercial building markets across Europe and North America,
and a market leader in municipal infrastructure pipe systems in the Nordic
countries. Uponor's key applications include floor heating and plumbing
systems. The Group employs 4,250* persons globally. In 2007, Uponor's net sales
(pro forma*) totalled 1,050 million euros, returning an operating profit of
12.9*%. Uponor Corporation is listed on the OMX Nordic Exchange in Helsinki,
Finland. Http://www.uponor.com.
*) Does not include the Infrastructure business in the UK and Ireland divested
in June.