Glaston President and CEO, Arto Metsänen is to retire on 1 January 2021 and has agreed to step down as CEO next month. The Board of Directors has nominated his current deputy, Sasu Koivumäki as acting CEO, with the recruitment process for a new CEO already underway.

“The global economy and markets are in unprecedented turmoil, from which recovery will most likely take a long time” Teuvo Salminen, Chairman of the Board commented. “For Glaston, this situation requires tight leadership right now but at the same time looking far into the future. When Arto announced his wish to retire, we decided together that he would step down as CEO at the beginning of June. At the same time Sasu, who has a long history in the company, a good market view and strong customer relations, assumes the acting CEO responsibilities. Arto remains at the company’s disposal until his retirement and helps ensure a smooth transition into the new leadership.” 

Sasu Koivumäki joined Glaston in 2002 and has held several finance, sales and other key positions in the company. He has been member of the Executive Management Group since 2012 and was appointed deputy to the CEO in 2015. 

www.glaston.net

Image: Arto Metsänen (left) and Sasu Koivumäki.