New Chief Executive officer (CEO) for GCE Group

After 9 years of service, Michael Hermansson has decided to step down as CEO of GCE Group and seek opportunities outside the Group. During his management, GCE has undergone some fundamental changes to the Supply Chain; restructuring the production platform and centralizing the warehousing. Michael has pursued a number of bolt-on acquisitions and successfully closed a number of them.
 
As his successor, Mr. Christophe de Fitte, has been appointed and will take up his position January 6. Christophe has been until recently President of Sandvik Hard Materials and has extensive experience in industrial businesses within European and global markets.

I would like to thank Michael Hermansson for his efforts and at the same time wish him good luck for the future.
Michael will effectively step down as CEO January 6 when Christophe takes up the new role however; Michael will support the new CEO until mid-January.

Lloyd Perry
Chairman of the board
GCE Group