Konecranes’ President and CEO holds the position of Managing Director under the Companies Act. The Board decides on the appointment and dismissal of the President and CEO. The President and CEO may be a member of the Board of Directors, but may not act as its Chair. The current CEO Anders Svensson is not a member of the Board of Directors.
Main tasks and duties
Under the Companies Act, the President and CEO is responsible for the day-to-day management of the Company in accordance with instructions and orders given by the Board. The President and CEO may undertake actions which, considering the scope and nature of the operations of the Company, are unusual or extensive, only with the authorization of the Board. The President and CEO shall see to it that the Company’s accounting practices comply with the law and that its financial affairs have been arranged in a reliable manner. The President and CEO is also responsible for preparing matters presented to the Board and for the Company’s strategic planning, finance, financial planning, reporting, and risk management.
President and CEO’s contract of employment
The terms and conditions of the President and CEO’s contract of employment are specified in writing in a document approved by the Board. Information on the terms of employment of the President and CEO and Deputy CEO can be found under Remuneration of the President and CEO. Konecranes Remuneration policy can be found here.
Remuneration
Information on remuneration of the President and CEO is available under Remuneration of the President and CEO.