TPT March 2014

Industry News

Logstor strengthens management team

is a highly regarded senior executive with an excellent track record from the industry, and the board of directors looks forward to having him lead the efforts to strengthen and grow the company. Based on Logstor’s core competencies and Yves’ highly relevant experience throughout multiple international markets, we are setting out to become the world leader in district heating and cooling as well as oil and gas markets through a dedicated focus on quality, safety and client satisfaction.” To ensure a proper handover, former interim president and CEO David J Williams will continue with Logstor during a transition period. Logstor is a supplier of pre-insulated pipe systems for energy-efficient transportation of liquids and gases for district heating and cooling, marine and industrial purposes as well as oil and gas pipelines. The systems consist of pipes, joints, fittings and surveillance.

LOGSTOR has announced a strengthening of the company’s management. Anders Thelin joined Logstor as chairman of the board of directors in October 2013, and Yves Paletta has been appointed president and CEO, as of January 2014. Anders Thelin has extensive experience from executive posi- tions in the global technology and engineering industry. Until 2012 he was a member of the executive management of global industrial group Sandvik AB, where he has headed busi- ness units Sandvik Venture, Sandvik Tooling and Sandvik Coromant. Yves Paletta has more than 20 years of international management experience from leading organisations in municipal, industrial and oil and gas segments, including senior management positions in pipe coating services with strong focus

Anders Thelin

Yves Paletta

on customer service and manufacturing excellence. He joins Logstor from a position as managing director of SBM Offshore’s Schiedam Execution Center based in Rotterdam, Netherlands. He previously held senior management positions with Bredero Shaw and the Veolia Environment Group. Commenting on Mr Paletta’s appointment, Mr Thelin said, “Yves

Logstor A/S – Denmark Fax: +45 9966 1180 Email: logstor@logstor.com Website: www.logstor.com

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M arch 2014