SIG names FLSmidth’s head Mikko Keto as its new CEO

3 days ago 6

Swiss packaging institution SIG has appointed Mikko Keto arsenic its adjacent CEO, with his accomplishment expected successful the archetypal fractional of 2026.

Keto volition run retired of SIG's office successful Switzerland.

He volition articulation from FLSmidth, a Danish engineering group, wherever helium has served arsenic radical CEO since 2022, starring a concern translation programme.

This programme included fiscal and operational restructuring, cost-reduction, and portfolio optimisation done a large divestment and merger.

SIG doubled FLSmidth's worth during his clip arsenic its CEO.

Keto stated: “I americium thrilled to beryllium appointed CEO of SIG. The radical has a high-quality concern model, with engineering, innovation and sustainability astatine its core. I precise overmuch look guardant to starring the institution into its adjacent section and gathering connected its beardown foundation.”

Before FLSmidth, Keto worked for much than 9 years astatine Metso, astir precocious arsenic president of services and pumps.

His earlier vocation includes elder roles astatine Nokia Networks and KONE.

He has served arsenic a committee manager and subordinate of the audit committee astatine Normet Group since 2019.

SIG Board president Ola Rollén added: “I americium delighted to invited Mikko to the Group arsenic CEO. He brings an awesome way grounds of driving concern and taste transformations successful engineering-led systems businesses.

“We are assured that helium volition usher SIG to merchandise its maturation and innovation potential. We judge that nether his direction, we volition physique a simpler, leaner and much agile institution that delivers enhanced worth to each stakeholders.

“On behalf of the board, I would similar to widen my sincere acknowledgment to Anne Erkens, our CFO [chief fiscal officer], for stepping successful arsenic interim CEO during this modulation period.”

Established successful 1853, SIG provides aseptic carton, bag-in-box and spouted pouch packaging solutions.

The institution reported gross of €3.3bn ($3.82bn) successful 2024 and produces 57 cardinal packs annually. It has 9,600 employees crossed much than 100 countries.

In aboriginal November 2025, Austria-based SalzburgMilch became the archetypal institution successful Europe to present its dairy products successful SIG’s DomeMini carton vessel format.

The caller on-the-go packaging, developed by SIG, was launched successful October 2023.

The DomeMini plan offers a astute solution for mobile dairy depletion portion opening co-packing and private-label possibilities for brands and retailers.

"SIG names FLSmidth’s caput Mikko Keto arsenic its caller CEO " was primitively created and published by Packaging Gateway, a GlobalData owned brand.


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