Exel Composites’ President and CEO Riku Kytömäki to leave his position in November 2022
EXEL COMPOSITES PLC – – – STOCK EXCHANGE RELEASE – – – 12 MAY 2022 at 08:00 EET
Exel Composites Plc’s President and CEO Riku Kytömäki has decided to leave the company to assume a new position outside the company. Kytömäki has been President and CEO of Exel Composites since January 2014 and he will leave his position in November 2022, at the latest. The company will immediately start the recruitment process to appoint a new President and CEO.
“During Riku’s time, Exel Composites has grown organically as well as through acquisitions into a truly leading player in the global pultruded composites market and strengthened its presence in all key market areas in Europe, Asia, and North America. On behalf of the Board of Directors and the entire company, I wish to thank Riku for his significant contribution over the past eight years and wish him the best of success in the new challenges”, Chairman of the Board of Directors Reima Kerttula says.
“I have been privileged to lead such a fine company as Exel Composites. I am grateful to the hundreds of outstanding colleagues around the world. Their first-class knowhow and ‘One Exel’ team spirit has built the company to its current good shape, and I can with confidence hand over the responsibility to my successor”, says Riku Kytömäki.
Vantaa, 12 May 2022
Exel Composites Plc
Chairman of the Board of Directors