SEOUL, South Korea, April 1 /PRNewswire-Asia/ -- Doosan
Infracore Co., Ltd., part of Korea＊s US$18.2 billion Doosan Group,
announced today that Mr. Anthony C. Helsham has joined Doosan
Infracore as CEO of Doosan Infracore Construction Equipment, a
global alliance of the CE businesses of Doosan Infracore Co., Ltd.
and its affiliates, including Doosan Infracore International, Inc.
This alliance of businesses generates US$ 3.3 billion in annual
revenues through the manufacture and sales of compact and heavy
construction equipment.
Helsham arrives from a 30-year career at Volvo including serving as
CEO of Volvo Construction Equipment from 2000 to 2008, and head of
its Korean operations from 1998 to 2000. In his role as CEO of VCE,
he grew sales from US$2.0 billion in 2001 to US$7.7 billion in
2007, building the company into the number three position world
wide. He most recently led Volvo＊s Soft Products business from its
HQ in Sweden.
"We are delighted to welcome Tony to Doosan," said Mr. Yongmaan
Park, Chairman of Doosan Corporation, Doosan Group＊s holding
company. "We have always had big ambitions and bold plans in the
construction equipment space. Despite the worldwide recession, we
have not deviated from our plans and successfully set the
foundation for growth. Our company is now poised, with Tony＊s
leadership, to accelerate our drive toward a top three position in
our industry."
Over the years, Helsham has watched Doosan＊s rapid rise to
leadership in the infrastructure support business. "I am pleased to
be joining this highly driven and successful team," said Helsham in
Seoul today. "Doosan＊s commitment to being a truly global business,
and to attracting and developing international leadership talent,
makes this a particularly exciting time to be joining
Doosan."
Concluding, Park said, "Tony＊s reputation in the construction
equipment industry is legendary: it is a sure sign of the strength
of our own market reputation that he has decided to join us and
lead our domestic and international operations. His start at Doosan
marks the next stage of our development to become one of the top
three players."
Notes to Editors:
Doosan Group is a US$18.2 billion conglomerate established in South
Korea in 1896. Doosan＊s principal business is in infrastructure
support, which encompasses power plants, desalination, construction
equipment and related services, and marine diesel engines.
Globally, its subsidiaries and affiliates employ more than 37,000
people (with more than 17,500 operating outside Korea) with
operations spanning 4,100 locations in 35 countries.
Doosan Infracore Construction Equipment is an alliance of the CE
businesses of Doosan Infracore Co., Ltd. and its affiliates,
including Doosan Infracore International, Inc. This alliance of
businesses is an industry leader in the engineering, manufacturing
and marketing of compact and heavy construction equipment,
attachments, air compressors, lighting systems, generators and
articulated dump trucks. DI CE has combined revenues of US$ 3.3
billion
For Information:
Mr. Ju-eui Hong
Doosan Group
Tel: +82-10-6320-0360
Email: [email protected]
Ms Julee Cho
Doosan Group
Tel: +82-10-4783-4736
Email: [email protected]
Ms Nicolle Kuritsky
Edelman
Tel: +82-10-3889-8902
Email: [email protected]
SOURCE Doosan Infracore Co., Ltd.