Juha Silvennoinen Appointed New CEO Of GS-Hydro

Pekka Frantti, currently CEO of GS-Hydro, has chosen to resign after five years in this position. Juha Silvennoinen has been appointed as the new CEO of GS-Hydro. He has extensive experience of international executive positions in various businesses, most recently as President, Services in Metso Minerals. He will start on November 16th.

GS-Hydro is a leading global supplier of non-welded piping solutions for use in primarily hydraulic applications with high demands on fast installation, cleanliness and minimal operational shutdowns. The products are used in the marine and offshore industries as well as in land-based segments such as the pulp and paper and metals industries. The company has approximately 700 employees in 17 countries with its head office in Espoo, Finland. Pekka Frantti was appointed CEO in 2010 and has chosen to resign.

Juha Silvennoinen has been appointed as the new CEO. He has a long experience of executive positions in global manufacturing businesses, most recently as President, Services in Metso Minerals, responsible for one of three global divisions. Prior to that, he had a long career in ABB where he held several executive positions for 25 years, including Group Senior Vice President, Head of Business Unit Motors and Generators as well as Group Vice President, Head of Business Unit Machines. Juha was born in 1961 and has a M.Sc. in Electrical Engineering from Helsinki University of Technology.  

"We want to thank Pekka for five intense years where he and his team have achieved a strong recovery after the financial crisis and developed a strong platform for growth. He has successfully contributed to the global expansion, development of aftermarket sales and efficiency improvements. We are also glad to announce that Juha Silvennoinen will take over as new CEO. We believe that his strong leadership skills and his experience of leading global businesses through change with great success, can drive and accelerate GS-Hydro’s global expansion even further", says Per Nordgren, Chairman of the Board of Directors.

Juha Silvennoinen