Changes to Glaston’s Group structure and Executive Management Group

Changes to Glaston’s Group structure and Executive Management Group
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glaston.net

Date: 13 January 2020

In order to better reflect its business dynamics and market drivers, Glaston has made changes to the Group structure.

As of 1 January 2020, Glaston Corporation has three business areas: Glaston Heat Treatment Technologies, Glaston Insulating Glass Technologies and Glaston Automotive & Emerging Technologies. The business areas also form the company’s three reporting segments in which Services are included.

Machine and Services sales, order intake and order book will also be reported separately as additional information. Glaston will publish comparable numbers for the new segments before the publication of the first quarter 2020 interim report.

GLASTON CORPORATION’S EXECUTIVE MANAGEMENT GROUP AS OF 1 JANUARY 2020

In connection to the organizational change, appointments have been made to the Executive Management Group which as of 1 January constitutes of:

Arto Metsänen, President & CEO
Sasu Koivumäki, COO, Sales & Integration
Päivi Lindqvist, CFO
Juha Liettyä, SVP Glaston Heat Treatment Technologies
Dietmar Walz, SVP Glaston Insulating Glass Technologies
Robert Prange, SVP Glaston Automotive and Emerging Technologies
Artturi Mäki, SVP Services
Taina Tirkkonen, General Counsel and SVP Human Resources

At the beginning of 2020, the rebranding of Bystronic glass has started with the target to terminate its use by the end of 2020. The brand will be merged into the Company brand Glaston. In connection to the acquisition announcement in 2019, Glaston communicated its right to use the Bystronic glass brand for a limited time period.

600450 Changes to Glaston’s Group structure and Executive Management Group glassonweb.com

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