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CHANGES IN KONE BOARD, ORGANIZATION
Noud Veeger is leaving KONE on April 2 to pursue other interests. Veeger served as executive vice president responsible for Central and North Europe since September 2014 and was employed by the company since 1999. The search for his successor is in progress. In the interim, Klaus Cawén, executive vice president for Mergers and Acquisitions and Strategic Alliances, Legal Affairs, and Russia will head KONE's Central and North Europe area. In addition, KONE's internal management structure for two of its geographical areas will change on April 1. Pierre Liautaud, who has served as executive vice president for West and South Europe, as well as Africa since 2011, will also assume responsibility for the Middle East area. Neeraj Sharma, executive vice president since 2014, will continue to lead the renewed Asia-Pacific area, which includes other markets in the Asia-Pacific region, except for the Greater China area.
DEVELOPMENT SET TO RESHAPE CHICAGO NEIGHBORHOOD
Riverline, a development on 13 acres along the Chicago River in Chicago that includes five residential towers ranging from 380 to 600 ft. tall, promises to reshape the South Loop neighborhood starting in 2016, The Architects Newspaper reports. CMK Cos. of Chicago and Lend Lease Group of Australia are joining forces on the project, designed by Perkins+Will and scheduled to be built in phases over 10 years. The first phase includes 19- and 29-story residential towers and a series of townhouses. In all, Riverline hopes to add more than 3,600 residential units to the market.
WOMAN DIES AFTER BEING TRAPPED IN ELEVATOR FOR A MONTH
A middle-aged woman in Xi’an, China, died as a result of being trapped in an apartment building elevator for more than a month, apparently from starvation, various news outlets, including the Los Angeles Times, report. The building’s managers and elevator maintenance company are being blamed, and the case has been classified as negligent homicide. Instead of performing a visual check, maintenance workers are said to have shouted to see if anyone were inside the unit after shutting it down due to a malfunction, then leaving on a month-long break for Chinese New Year.
http://www.elevatorworld.com/industry-news/march-8-2016/
