Lars Petersson News

Michael Hansen, Executive Vice President Energy & Infrastructure at Danish coatings manufacturer Hempel A/S, will succeed Lars Petersson as CEO of the company on October 15, 2022. Petersson leaves Hempel to take up the position of CEO of VELUX Group.Hansen joined Hempel in May 2017 as Chief Commercial Officer and has delivered remarkable results as a central driver of the global transformation in Hempel. Today, he is part of the Executive Group Management as Executive Vice President, Energy & Infrastructure.“Michael Hansen has extensive knowledge of Hempel, its markets and customers.

Hempel continued its growth trajectory in 2021, ending the year with 5.9 percent organic growth, following 10 consecutive quarters of organic growth. Total growth was 15.1 percent, despite supply chain challenges across the coatings industry. The 5.9 percent organic growth was the highest in more than 10 years, driven by strong performance in the Marine and Infrastructure segments, and stronger than expected in the face of unprecedented raw material cost increases and shortages.

With an aim of doubling its revenue to $3.4B by 2025, Hemple announced a reorganization in its executive ranks to fulfill the mission.“I’m thrilled to announce today’s changes,” said Lars Petersson, Group President & CEO. “My new leadership team will lead a new way of working at Hempel - we have organised our business in an even more customer-focused structure, which will unleash potential and energy from the organization to deliver on our Double Impact strategy.”Hempel’s commercial activities are now organised into key segments: Marine…

Coatings manufacturer Hempel has completed the acquisition of Wattyl Australia and New Zealand, increasing its footprint in Australia and New Zealand.On 18 February 2021, Hempel A/S signed an agreement to acquire leading paint and coatings manufacturer Wattyl Australia and New Zealand from The Sherwin-Williams Company, the world’s largest paint and coatings company and headquartered in the United States.Hempel received formal customary approval from the relevant authorities in Australia and New Zealand and the acquisition was closed on 31 March.

Alexander Enström joins Hempel to lead its new global marine organization, effective February 1, 2021.With a strategic ambition to double revenue by 2025, Hempel is keen to build on its position in the marine segment, adjusting its marine organization to ensure it can better serve global marine customers with the full range of coatings and services.“At Hempel, we want to create long-term partnerships with our customers in order to support their needs and sustainability journeys," said Hempel CEO Lars Petersson. "Marine customers are becoming more global.

Hempel announced an ambitious strategy to double its revenue by 2025, with a strong focus on innovation and digitalization.Hempel has faced its fair number of challenges over its 105 year history, with COVID-19 and the year 2020 presenting historic challenges in the global supply of coatings. Hempel is taking the opportunity to devise and enact a new strategy on how to focus the company over the next five years, aiming to double revenue through refocused geographical priorities…

Pernille Fritz Vilhelmsen has been appointed Executive Vice President & Chief People & Culture Officer and member of the Executive Management Board in Hempel A/S. She succeeds Peter Kirkegaard, a 13-year veteran of Hempel who has accepted a new opportunity outside Hempel as Chief Human Resource Officer in Haldor Topsoe A/S.Pernille has been Talent Management Director at Hempel since she joined from Maersk Line in 2017, and she has delivered remarkable results in a few years.“Pernille is professional…

Global coatings company Hempel announced Todd Cottrell will take over as the company’s new Group Vice President for North America and a member of Hempel’s Operational Management Board.Hempel is an important player on the North American coatings market, with a leading position in the wind tower industry and a growing business in many other areas, including infrastructure, rail and marine. Originally from Detroit, Cottrell will be responsible for further improving Hempel’s position in selected markets and industries in the region.Lars Petersson…

Hempel's new Executive Vice President & Chief Operating Officer Katarina Lindström officially stepped into her new role on August 1.As a member of the company’s Executive Management Board, Lindström will play a central role in driving Hempel’s strategy. The company has an ambition to double in size in the next five years, and Lindström will lead Hempel’s strategic agenda within operational excellence, innovation and sustainability.“The company’s growth strategy is very ambitious, but also realistic and Hempel has a strong desire to lead sustainability in the coatings industry,” she says.

Katarina Lindström will join Hempel as Executive Vice President & Chief Operating Officer from August 1, 2020 as the coatings manufacturer aims to double in size.As Executive Vice President & Chief Operating Officer (COO), Katarina Lindström will be a member of Hempel’s Executive Management Board.As part of its long-term growth strategy, Hempel is making significant investments in innovation and sustainability, while strengthening its supply chain and manufacturing footprint, particularly in Asia-Pacific.

The supplier of protective coatings to the decorative, protective, marine, container and yacht markets Hempel officially opened its new Centre of Excellence in Barcelona yesterday (29 November 2018).The coatings manufacturer said in a press note that the centre’s focus will be on the research and de-velopment of coating products within the field of passive fire protection in which Hempel is determined to gain market share during the next few years."State-of-the-art research and development conducted by experts using the latest technology – this is what Hempel is now opening the doors to as the Centre of Excellence is inaugurated," said the statement.Hempel is committed to increase its range of passive fire protection (PFP) coatings…

Gorthon Shipping International Bermuda, a wholly-owned subsidiary of Gorthon Lines AB, has sold the forest product carrier Humber Arm on private terms, after a crankshaft breakdown in the main engine. The vessel was built by Schichau Unterweser AG in 1976 and has a DWT of 7650 mton. The vessel was delivered to the new owners on July 6, 2004. For further information please contact CEO Lars Petersson, phn +46-42 172700. This press release was brought to you by Hugin Online, distributor of electronic press releases for companies listed on selected European stock exchanges. Address: http://www.huginonline.com/Sweden/GORTB