CEO and Management team

John Peter Leesi

CHIEF EXECUTIVE OFFICER
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John Peter Leesi

Chief Executive Officer
Member of Purmo Group Leadership Team since 2020
Employed by Purmo Group since 2020
Born 1961, Swedish citizen
Education: BBA (with advanced studies in international finance)

Key work experience:

  • CEO and President, Munters Group 2014–2019
  • CEO and President, Luvata Group 2005–2014
  • CFO, Corporate Vice President and Head of Strategy, Legal, IS/IT and IPR, Sony Ericsson 2001–2005
  • CFO and various senior leadership positions, Ericsson 1997–2001

Key positions of trust:

  • Board member, Polarium 2017–2021
  • Advisory Board member, Agraria Inc. 2019–2020
  • Chairman of the Board, Luvata Oy 2014–2017
  • Chairman of the Board, Munters AB 2012–2015

Jan-Elof Cavander

CHIEF FINANCIAL OFFICER
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Jan-Elof Cavander

Chief Financial Officer
Member of Purmo Group Leadership Team since 2023
Employed by Purmo Group since 2023
Born 1985, Finnish citizen
Education: M.Sc. (Ind. Eng.)

Key work experience:

  • CFO, Rapala VMC Corporation, 2017–2023
  • SVP Treasury & Finance, Corp Planning & IT, Rapala VMC Corporation, 2016–2017
  • Treasurer & Finance Director, Rapala VMC Corporation, 2016–2017
  • Finance Director, Singapore, Rapala VMC Corporation, 2015–2016
  • Group Treasurer, Rapala VMC Corporation, 2013–2015

Key positions of trust:

  • Board member, L-Fashion Group, 2021–

Erik Hedin

CHIEF OPERATING OFFICER
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Erik Hedin

Chief Operating Officer
Member of Purmo Group Leadership Team since 2020
Employed by Purmo Group since 2020
Born 1977, Swedish citizen
Education: M.Sc. (Ind. Eng.), B.Sc. (Econ.)

Key work experience:

  • Chief Financial Officer, Purmo Group 2020-2022
  • Senior Director, Alvarez & Marsal 2017-2020
  • Interim Chief Financial Officer, Sportradar 2019-2020
  • Division CFO roles, Luvata 2011-2017
  • Business Development Director, Luvata 2008-2011
  • Manager, Arthur D. Little, 2003-2008

Mike Conlon

PRESIDENT, CLIMATE SOLUTIONS DIVISION
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Michael Conlon

Senior Vice President, Climate Solutions Division
Member of Purmo Group Leadership Team since 2015
Employed by Purmo Group since 2015
Born 1966, British and Irish citizen
Education: BA (Hons)

Key work experience:

  • Senior Vice President, IC Systems, Purmo Group, 2019-2022
  • Group Managing Director (West), Purmo Group 2015–2019
  • Managing Director and member of leadership team, Stelrad Radiators 2011–2015
  • Division Vice President, Sanitec Group – Division 2008–2011
  • Managing Director, Sanitec Group (UK/Ireland) 2006–2011
  • Commercial Director, Sanitec UK/Ireland 2001–2006

Key positions of trust:

  • Member of Stelrad Ideal Group M&A committee  2011–2015
  • Pension trustee at Twyford Bathrooms UK 2003–2009
  • Member of Sanitec M&A committee 2008-2011
  • Board member at Sanitec UK 2001–2011

Linda Currie

CHIEF PEOPLE OFFICER
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Linda Currie

Chief People Officer
Member of Purmo Group Leadership Team since 2013
Employed by Purmo Group since 1994
Born 1973, British citizen
Education: BA (Hons) Business & Human Resource Management, CIPD

Key work experience:

  • HR Director, UK & Ireland, Purmo Group 2009–2013
  • HR Manager UK, Myson Radiators, 2005–2009
  • HR Officer, Myson Radiators UK, 1999–2005
  • Project Officer, Myson Radiators UK, 1994–1999

Key positions of trust:

  • Chairman of Purmo Group UK Ltd 2019–
  • Director of Purmo Group UK Ltd 2014–
  • Chairman of Trustees, Purmo Group UK Pension Scheme 2019–
  • Company Trustee of Purmo Group UK Pension Scheme 2014–

Barry Lynch

PRESIDENT, CLIMATE PRODUCTS & SYSTEMS DIVISION
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Barry Lynch

President, Products & Systems Division
Member of Purmo Group Leadership Team since 2022
Employed by Purmo Group since 1994
Born 1975, UK citizen
Education: MBA, Post Graduate Diploma (Business Administration), BA Hons (Business Studies)

Key work experience:

  • Senior Vice President, Radiators, Purmo Group, 2022
  • Vice President, Anglophone, Purmo Group 2019-2022
  • Managing Director, UK & ROI, Purmo Group 2016-2019
  • Sales & Marketing Director, UK & ROI, Purmo Group 2013-2016
  • R&D Group Team Leader, Group Role, Purmo Group 2011-2013
  • Group Marketing Manager, UK & ROI, Purmo Group 2007-2011
  • National Key Account Manager, UK & ROI, Purmo Group 2006-2007
  • Group Product Manager, UK & ROI, Purmo Group 2005-2006

Key positions of trust:

  • Board Member, Purmo Group UK 2013-
  • Chairman, Manufacturers Association of Radiators and Convectors 2018-

The CEO is responsible for managing, supervising and controlling the business operations of the company and for the day-to-day executive management of the company in accordance with the instructions and orders given by the Board. In addition, the CEO ensures that the accounting practices of the Company comply with Finnish law and that its financial affairs have been arranged in a reliable manner.

The duties of the CEO are governed primarily by the Finnish Companies Act. The CEO shall provide the Board and its members with the information necessary for the performance of the duties of the Board.

The CEO prepares matters for decision by the Board, develops the company in line with the targets approved by the Board and ensures the proper implementation of the decisions of the Board. The CEO is also responsible for ensuring that the Company is managed in compliance with applicable laws and regulations. The CEO is not a member of the Board but attends the meetings of the Board and has the right to speak at the meetings.

The company’s Board appoints and dismisses the CEO. The Board decides on the financial benefits within the framework of the valid Remuneration Policy presented to the General Meeting and on other terms and conditions of the CEO’s position. The terms and conditions of the CEO’s position are specified in a written service contract.

The company’s Board appoints the members of the Management Team, which currently comprises the CEO, CFO, Senior Vice president Radiators, Senior Vice President ICS and Chief People Officer. The Management Team is not a decision-making body of the company but assists the CEO in the implementation of the Group strategy and in operational management. The Management Team is responsible for managing the company’s core business operations as a whole, which requires planning of various development processes, Group principles and Group practices, as well as monitoring the development of financial matters and the Group’s business plans.

The Management Team convenes regularly at a schedule agreed in advance and also as required and minutes are kept of all meetings. Board members are free to join the meetings of the Management Team in order to ensure a smooth cooperation between the Board and the Management Team.

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