Uponor - Changes board/management/auditors

Uponor appoints Jan Peter Tewes as head of its Building Solutions – Europe segment and a member of the Group Executive Committee

Uponor Corporation                     Stock exchange release         10 June
2015 14.00 EET 

Uponor appoints Jan Peter Tewes as head of its Building Solutions - Europe
segment and a member of the Group Executive Committee 

Uponor Corporation's Board of Directors has appointed Jan Peter Tewes (46),
M.Sc. (Econ.), MBA, as Executive Vice President Building Solutions - Europe and
a member of the Group's Executive Committee, effective from 1 September 2015. 

Mr Tewes will be the first head of the Building Solutions - Europe segment,
which has been operating on a dual functional manager principle since 2013.
Reporting to Jyri Luomakoski, President and CEO of Uponor Corporation, he will
also assume responsibility for Group brand management. 

Jan Peter Tewes, a German citizen, has a varied professional background in the
European sanitary and plumbing industry. Most recently, he was employed as
Chief Marketing Officer and member of the global management team at Grohe
Global, a German-based sanitary fittings provider. Prior to that, he served as
managing director at Grohe Northern Europe/Baltics and Grohe UK/Ireland and,
earlier, as Business Manager at Masterfoods Europe, among others. 

“Jan Peter has a thorough understanding of the business dynamics and challenges
in our industry in the European landscape. He has a successful track record in
leading businesses and managing brands in the building materials industry,
which gives him a solid base to speed up the development and growth of Uponor's
building solutions business under one management in Europe”, says Jyri
Luomakoski, Uponor's President and CEO. 

Fernando Roses, until now EVP, Offering and Supply Chain for Building Solutions
- Europe, and member of the Group's Executive Committee, will continue as
Executive Committee member assuming the new role of EVP, Technology and
Corporate Development at Uponor Group, effective as of 1 September 2015. He
continues to report to President and CEO Jyri Luomakoski. This appointment
highlights the growing strategic importance of research, technology and
sustainability for Uponor globally. Fernando will drive major group-wide
initiatives in the field of technology development, digitalisation and M&A,
among others. 

After a career of nearly 19 years with Uponor and one of its predecessors,
Heiko Folgmann, EVP, Sales and Marketing for Building Solutions - Europe has
announced his resignation from Uponor. “I wish to thank Heiko for his
dedication and drive, first managing the German and Central European operations
and more recently leading Building Solutions - Europe's sales and marketing and
Group brand development. His role in transforming and renewing Uponor has been
central. I fully appreciate his desire to make changes on a personal level, and
I wish him all the best for his future career,” says President and CEO Jyri
Luomakoski. Heiko will retire from the Executive Committee at the end of June
and will provide support in the transition of the new roles until the end of
September. 

Apart from the changes mentioned above, Uponor's Executive Committee remains as
today. 



For further information, please contact:
Jyri Luomakoski, President and CEO, tel. +358 20 129 2824



Uponor Corporation



Tarmo Anttila
Vice President, Communications
Tel. +358 20 129 2852



DISTRIBUTION:
NASDAQ Helsinki
Media
www.uponor.com



Uponor is a leading international provider of plumbing and indoor climate
solutions for residential and commercial building markets across Europe and
North America. In Northern Europe, Uponor is also a prominent supplier of
infrastructure pipe systems. The Group employs approx. 3,800 persons, in 30
countries. In 2014, Uponor's net sales exceeded €1 billion. Uponor Corporation
is listed on NASDAQ Helsinki in Finland. www.uponor.com.

Attachments:

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