Systemair Announces Departure of President and CEO Roland Kasper
Systemair's Leadership Transition: Roland Kasper Steps Down
The Board of Directors of Systemair AB has announced that Roland Kasper will be leaving his position as President and CEO after a remarkable tenure of ten years. His departure marks a pivotal moment for the company, initiating a recruitment process for his successor.
Roland Kasper has been a driving force behind Systemair's significant growth, notably doubling the company's turnover and enhancing profitability through various strategic initiatives. Under his leadership, Systemair has not only focused on organic growth but has also made key acquisitions that solidified its position in the market. The Chairman of Systemair, Gerald Engström, praised Roland’s accomplishments, stating that his leadership established a robust global organization equipped for future challenges.
Achievements Under Roland's Leadership
During his decade-long tenure, Systemair has achieved numerous milestones. The company's operating profits have consistently increased, reflecting its strong market presence and commitment to innovation in the ventilation industry. Systemair has expanded its reach into 51 countries across Europe, North America, the Middle East, Asia, Australia, and Africa, establishing a diverse market footprint that enables continued growth.
With approximately 6,600 employees worldwide, Systemair reported a remarkable turnover of SEK 12.3 billion in its latest financial year. This impressive figure is a testament to the efficiency and effectiveness of the company's operations, spearheaded by Kasper. His focus on maintaining low debt levels while driving profitability has left Systemair well-positioned to tackle future challenges head-on.
The Future Focus of Systemair
Looking forward, Systemair's Board of Directors is optimistic about the company's trajectory. The focus remains on sustainable growth and increased profitability in the years ahead. The decision to appoint a new CEO is seen as a strategic move to bring fresh perspectives and continue Systemair's growth journey. With a rich history of organizational resilience and innovation, the company is poised to adapt to evolving market dynamics.
Gerald Engström expressed his gratitude for Roland’s contributions, indicating that the foundation laid during Roland's leadership will serve as a solid base for future endeavors. The Board is confident that the upcoming leadership will further expand Systemair's legacy in providing high-quality, energy-efficient ventilation solutions that contribute to improved indoor climates.
About Systemair
Established in 1974, Systemair has been at the forefront of ventilation technology for nearly five decades. The company has implemented an unwavering commitment to quality and sustainability, ensuring that its products accommodate energy-efficient practices while reducing carbon emissions. With an average growth rate of 9% over the past decade, Systemair has made significant strides in market innovation and customer satisfaction.
Each year, Systemair continues to report operating profits, demonstrating its financial stability and operational success. The company, which has been publicly traded on the Nasdaq OMX Nordic Exchange since October 2007, currently resides on the Large Cap List, reflecting its strong economic stature within the industry. Systemair operates approximately 90 subsidiaries worldwide, each contributing to a collaborative effort to improve energy-efficient solutions globally.
Frequently Asked Questions
What prompted Roland Kasper's resignation from Systemair?
Roland Kasper decided to step down after a successful tenure of ten years as President and CEO to allow for new leadership to guide Systemair's future growth.
How has Systemair performed under Roland's leadership?
Under Roland's leadership, Systemair doubled its turnover, improved profitability, and underwent significant organizational enhancements, preparing the company well for future success.
What is Systemair's market presence?
Systemair operates in 51 countries globally, including regions across Europe, North America, and Asia, establishing itself as a leader in the ventilation sector.
What are Systemair's future plans?
The company aims to focus on sustainable growth and increased profitability as it recruits a new CEO to guide its ongoing development.
What makes Systemair a leader in its industry?
Systemair’s commitment to innovation, energy-efficient products, and excellent customer service has enabled it to build a strong reputation as a leader in the ventilation industry for nearly five decades.
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