New CEO & President of Kverneland Group

Ingvald Løyning, CEO & President, has decided to pursue his carrier outside Kverneland Group and will be leaving his current position as from 1st December 2014.

At the same date Mr. Dai Watanabe will become the new CEO & President. Mr. Watanabe entered Kubota Corp. in 1984, and has been working for Kubota more than 30 years in various management positions. Since 2012 he has been the president of Kubota Europe S.A.S. and he is currently a board member of Kverneland Group.

Mr. Watanabe is taking the opportunity to re-confirm that Kverneland Group’s strategy as an implement specialist with strong focus on its own brands and distribution channels as well as on the important strategic alliances within the industry is being continued and stays firm.