on STEICO Aktiengesellschaft (ETR:ST5)
STEICO SE Announces New CFO Appointment: Ivica Rajković to Replace Georg Faller
STEICO SE, a global leader in wood fibre insulation materials, announced a transition in its finance department. Ivica Rajković will assume the role of Managing Director and Chief Financial Officer on November 9, 2026, succeeding Georg Faller. The change follows Faller's decision to resign and pursue new opportunities, having served since October 2024.
Faller's tenure was marked by key transformations following Kingspan Group's majority stake acquisition. His leadership in finance and IT was pivotal in the company's strategic evolution. The Administrative Board expressed gratitude for his contributions.
Rajković brings over 20 years of financial executive experience, vital for the company's next development phase. His expertise spans strategic growth and efficiency enhancement, crucial for STEICO's growth strategy. The appointment is part of an orderly succession, ensuring stability for stakeholders.
R. H.
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