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Inside information: Philippe Delorme appointed President and CEO of KONE Corporation as of 1 January 2024

Stock Exchange Release Published 25/10/2023

KONE Corporation, inside information, October 25, 2023 at 12.00 p.m. EEST

Inside information: Philippe Delorme appointed President and CEO of KONE Corporation as of 1 January 2024

KONE's Board of Directors has appointed Philippe Delorme, born 1971, MSc, MBA, President and CEO of KONE Corporation as of January 1, 2024. Philippe succeeds Henrik Ehrnrooth, who will continue as Executive Advisor until the end of March 2024 to support the transition and induction of the new CEO. 

Philippe Delorme joins KONE from Schneider Electric where he has accumulated over 25 years of business leadership experience. Most recently he served as Executive Vice President, Europe Operations. Prior to that he held key positions in the areas of strategy, technology, operations, and sales in Europe, the US and Asia. He was a member of the Schneider Electric Executive Committee from 2009 to 2023.

"Philippe is a highly accomplished leader with proven business acumen. I am confident that his passion for technology and sustainability, together with his experience in a broad range of leadership roles and international background makes him well suited to develop KONE forward together with the rest of the Executive team," says Antti Herlin, Chairman of the Board of Directors of KONE. "I would also like to take this opportunity to once again thank Henrik for his considerable contribution to KONE over the past decade." 

"I am highly excited to join KONE, a global leader in the elevator and escalator industry, and would like to express my appreciation to Antti Herlin and the KONE Board for the trust they have placed in me. During his tenure at KONE, Henrik has built an impressive legacy together with his colleagues, which I am proud to carry on and develop to the next level. KONE's strategy and renewed operating model create a solid platform from which we can continue to strengthen our competitiveness and market position. I look forward to collaborating with the entire KONE team to strengthen our mission of improving the flow of urban life. Together, I am confident that we will further enhance the value we provide to our customers and continue to deliver faster than market, profitable growth in a sustainable way, leveraging innovation and digital technologies as key differentiators," says incoming CEO Philippe Delorme.

For further information, please contact:
Natalia Valtasaari, Vice President, Investor Relations, tel. +358 204 75 4705

For media enquiries, please contact:
Hanna Rutanen, Senior Vice President, Communications, tel. +358 41 507 1361


KONE Corporation

Johannes Frände
General Counsel, Secretary to the Board

About KONE

At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2022, KONE had annual sales of EUR 10.9 billion, and at the end of the year over 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.


CV Philippe Delorme

Philippe Delorme

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