Coolbrook Appoints Lauri Peltola as SVP of Strategy and Corporate Development

January 04, 2023

Coolbrook, a transformational technology and engineering company, has today announced the appointment of Lauri Peltola to the position of SVP of Strategy and Corporate Development.

Peltola joins from KONE where he was Director of Volume Elevator Offering. He brings over ten years experience in leadership and portfolio management positions.

Peltola will lead the corporate strategic planning process to establish a comprehensive strategic roadmap that drives business results for Coolbrook. He will be responsible for delivering corporate development projects that create business growth through new partnerships, organic expansion, and by acquisition. Additionally, Peltola will support on key strategic priorities and projects in partnership with Coolbrook’s senior management and board of directors.

At KONE Peltola was responsible for driving global core elevator competitiveness across all geographies to secure a profitable, cost-competitive, high quality and carbon optimised elevator offering. Prior to that Peltola spent eight years at OP Financial Group - initially as an analyst, before becoming Director of Mortgages and Secured Consumer Loans. From there he went to McKinsey & Company, serving first as Senior Associate, then as an Engagement Manager.

Commenting on his appointment, Peltola said: “I’m pleased to be taking the next step in my career with a company whose technology is truly changing the world. The positive impact that this team is making is inspiring, and I look forward to helping bring their vision for a clean new industrial era to fruition.”

“Lauri’s wealth of experience in numerous industries and passion for our company vision make him the perfect fit for this position. He will have a key role in the development and implementation of Coolbrook strategy and bringing our ground-breaking technology to more customers.”

Joonas Rauramo
CEO, Coolbrook

About Coolbrook:
Named Tech Champion 2022 in the Manufacturing category byThe Financial Times, Coolbrook Oy is a transformational technology and engineering company on a mission to decarbonise major industrial sectors like petrochemicals and chemicals, iron and steel, and cement. Coolbrook's revolutionary rotating technology combines space science, turbomachinery and chemical engineering to replace burning of fossil fuels across all major industrial sectors. The technology has two main applications: RotoDynamic Reactor (RDR) to reach 100% CO2 free olefin production, and RotoDynamic Heater (RDH) to provide carbon-free process heating to iron and steel, cement and chemicals production. For more information, please visitwww.coolbrook.com

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