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Peikko’s board of directors elects new members

Published by
Simon Matthis - 15 Jan 2015

Peikko Group, a leading global supplier of concrete connections and composite structures for concrete construction, is strengthening its non-executive Board of Directors by the appointments of Philippe Jost and Frederick Knauf. The new members were elected by an Extraordinary Meeting of Shareholders of Peikko Group with effect of 1 February 2015.

- Philippe Jost is the Head of Corporate HR at Sika Group, a publicly listed global leader in construction and industrial chemicals with a turnover exceeding CHF 5 billion. Philippe has earlier held several line management positions in different business divisions of Sika in the USA, Italy, and Switzerland.

- Frederick Knauf is currently responsible for business development in Japan for Knauf Group, a family owned global leader in gypsum-based products and systems, based in Germany with a turnover exceeding EUR 6 billion. Frederick has earlier held a variety of management positions at Knauf in China, Italy, Romania, and Germany.

Jussi Vanhanen, CEO of Mondi Fibre Packaging, continues as Chairman of the Board of Directors. Stefan Nyström,

Country Manager of Pöyry Sweden, Elmar Paananen, CEO of Troll Capital Oy, Pekka Rantamäki, CEO of Teknos

Group, and Risto Räty, Executive Vice President of Tekla Corporation, continue as Board members.

“Peikko has doubled its net sales since the 2008 financial crisis. In 2014 our invoicing amounted to EUR 150 million, which we plan to double in the longer-term. In order to achieve this target, we need to broaden our knowledge, introduce new ideas, and grasp new opportunities. Philippe Jost and Frederick Knauf complement and further strengthen our Board, and I am proud they are committing their time to the development of Peikko,” states Topi Paananen, CEO and controlling shareholder of Peikko.