TPi September 2019

Business & market news

TechnipFMC appoints directors to board TechnipFMC has announced that Olivier Piou, former chief executive officer of Gemalto NV, and John Yearwood, former chief executive officer of Smith International, Inc, have been named to its board of directors.

our board of directors and will further strengthen the board’s breadth of talent and competencies.” Mr Piou will serve on the strategy committee and Mr Yearwood will serve on the compensation committee. Both will serve on the nominating and corporate governance committee.

and the global perspective gained as the CEO of an international public company. Olivier’s extensive knowledge of digital enterprise development will be invaluable as we continue to execute on our digital transformation strategy. John’s deep knowledge of manufacturing and oilfield services will support the continued differentiation and growth of our businesses. Because of their diverse experiences, John and Olivier are a strong complement to

Doug Pferdehirt, chairman and CEO of TechnipFMC, stated, “I am pleased to welcome John and Olivier to the board as the first new members since our merger. Both bring proven leadership

TechnipFMC plc – UK www.technipfmc.com

Celebrating 70 years of innovation in welding technology

created a strong foundation; the second expanded Kemppi abroad; and the third generation is now building the company into a global corporation. growth has recently continued with the establishment of a new welding torch factory in Wuxi, China, and through the acquisition of Italian welding torch manufacturer Trafimet Group SpA. The 70 th anniversary will be marked at customer events organised by the company and its subsidiaries around the world during the remainder of the year. Kemppi Oy – Finland www.kemppi.com Kemppi’s international

including the first digital welding power source in 1993, and the first universal welding management software in 2014. In addition to manual arc welding equipment and welding management software, Kemppi provides welding safety gear and comprehensive automated welding solutions to meet growing needs around the world. The company operates globally, with subsidiaries in 17 countries and a partner network covering more than 60 countries. It remains a privately owned family company, led by Martti Kemppi’s grandchildren. Each generation has had its own role: the first grew the company and

Finnish welding equipment manufac- turer and software developer Kemppi is celebrating its 70 th anniversary this year. The company’s innovations have helped it grow from a small family business into a global welding technology firm. This year also marks 100 years since the birth of the company’s late founder, Martti Kemppi, who established the business with his brothers in 1949. His hard work and courage to experiment led the company to revolutionise arc welding equipment in 1977 with the world’s first welding power source to use inverter technology. Since then, Kemppi has continued to introduce innovations,

Kemppi’s X8 MIG Welder, launched in 2016, introduced digital welding procedure specifications

Company founder Martti Kemppi had an entrepreneurial attitude

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