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KONE EXECUTIVE BOARD CHANGES, NEW MD IN WESTERN EUROPE
KONE recently announced changes on its executive board and a new managing director (MD) of Belgium and Luxembourg. Johannes Frände was appointed executive vice president (EVP), general counsel and a member of the executive board. Based in Espoo, Finland, Frände reports directly to KONE President and CEO Henrik Ehrnrooth. He succeeds Klaus Cawén, who is focusing on non-executive duties after nearly 40 years of service. Cawén will support Frände in the transition through March and will continue as an executive advisor through April 1. The acquisitions team that currently reports to Cawén will transfer to the finance team, reporting to EVP and Chief Financial Officer Ilkka Hara. Thomas Hinnerskov has been appointed EVP for South Europe, the Middle East and Africa (EMEA), starting April 1. Based in Copenhagen, Denmark, Hinnerskov will continue as a member of the executive board, reporting to Ehrnrooth. He succeeds Pierre Liautaud, who is retiring from the board after serving 10 years as EVP for South EMEA. Axel Berkling has been appointed EVP for central and north Europe, succeeding Hinnserskov. Based in Hamburg, Germany, Berkling will report to Ehrnrooth. KONE also named Ilse Vanderlocht the new managing director of Belgium and Luxembourg. She succeeds Pascal Lekeu, who is assuming new responsibility within the France leadership team.
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