RAMIRENT PLC STOCK EXCHANGE RELEASE 4.9.2008 AT 9:00 A.M.
MAGNUS ROSÉN APPOINTED NEW PRESIDENT AND CEO OF RAMIRENT
The Board of Directors of Ramirent has appointed Magnus Rosén new President and
CEO. Magnus Rosén is expected to assume his position as of January 15, 2009.
Magnus Rosén, 45, joins Ramirent from the BE Group, a leading steel trader,
where he has served as head of the Sweden Business Area. Prior to joining the BE
Group, he was employed by the machine and equipment rental company Cramo Group,
where he served during his last six years as the Senior Vice President,
Scandinavia. Additionally, he has served as Managing Director of BT Hyrsystem, a
rental operation within BT Industries, a leading forklift manufacturer.
”We are highly pleased to appoint Magnus Rosén as our new President and CEO. His
track record constitutes an excellent background to further develop the Ramirent
platform. Magnus' strong leadership skills and result orientation will be an
important asset going forward,” says Peter Hofvenstam, Board Chairman of
Ramirent.
”This is a great opportunity and I am looking forward to taking the helm of
Ramirent. The entrepreneurial spirit in the company and Ramirent's diversified
market portfolio provides a strong base for further profitable growth,” says
Magnus Rosén, newly appointed President and CEO of Ramirent.
Magnus Rosén holds a degree in business administration from the University of
Linköping and an MBA from the Stockholm School of Economics.
Magnus Rosén is succeeding Kari Kallio, who earlier this year advised the Board
of Directors that he wishes to retire in 2009.
Vantaa, 4.9.2008
RAMIRENT PLC
Board of Directors
FURTHER INFORMATION:
Franciska Janzon, Director, Corporate Communications and IR, phone +358 20 750
2859, or email franciska.janzon@ramirent.com
Peter Hofvenstam, Chairman of the Board of Ramirent, phone +46 8 788 50 00
Magnus Rosén, New President and CEO, +46 70 660 36 86
DISTRIBUTION:
OMX Nordic Exchange Helsinki
The main media
www.ramirent.com
Ramirent is the leading machinery rental company in the Nordic countries and in
Central and Eastern Europe. The Group has some 360 permanent outlets in thirteen
countries and is registered in Helsinki. Ramirent employs over 3,900 people and
in 2007 the consolidated net sales were EUR 634 million. Ramirent is listed on
the OMX Nordic Exchange Helsinki.
