The Board of Directors of Norican A/S (“Norican”), a majority-owned portfolio company of the private equity fund Altor Fund IV (“Altor”), has appointed Thomas Körmendi as its new President and CEO.
Thomas Körmendi brings a breadth of line management operational expertise and relevant board experience to Norican. He has more than 30 years of senior management and business development experience from a range of international companies including serving as CEO of Elopak, CEO of Kezzles AS and CEO of Relacom Group. In addition, he has held executive roles as Interim CEO of Cardo Flow Solutions and as Vice President of Tetra Pak with responsibility for the North Europe region.
“Norican has developed tremendously well under the leadership of Anders Wilhjelm. We are extremely pleased that we have been able to attract CEO of Thomas’ caliber and outstanding international track-record to take Norican to even greater heights to the benefit of Norican’s customers and all other stakeholders.” says Søren Johansen.
“I am extremely thrilled and excited to be joining Norican. It is company with an impressive legacy and world class industry leading brands, a broad international presence across the globe, and a highly dedicated and committed team with unique industry competence.” says Thomas Körmendi.
Thomas Körmendi is currently transitioning from his current role as CEO of Elopak to the new role with Norican and will relocate back to Denmark. When Thomas Körmendi takes over as President and CEO of Norican, he will also leave the Board of the company.
