Borealis Supervisory Board appoints Markku Korvenranta as Executive Vice President for Base Chemicals

24-Sep-2010 - Austria

Borealis has appointed Markku Korvenranta as Executive Vice President for Base Chemicals. He succeeds Gerd Löbbert who assumes responsibility for the polyolefins Business Group. Both changes will be effective on October 1, 2010.

Markku Korvenranta has over 20 years of experience with Borealis and its predecessor companies in various finance and business roles in Finland, Denmark, Belgium and Austria. In his most recent position at Borealis he was Senior Vice President Olefins & Sourcing responsible for the feedstock and olefins businesses as well as procurement. His recent previous leadership positions include Vice President Business Planning and Analysis and Vice President of the Business Unit Phenol and Aromatics. Between October 2006 and May 2007 Markku Korvenranta was acting Chief Financial Officer. He was born in Finland in 1966 and is married with three children.

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