Uponor’s Board of Directors has appointed Michael Rauterkus as the President and Chief Executive Officer (CEO) of Uponor Group and the Chairman of the Executive Committee. He will join the company and assume the CEO responsibility effective from August 21, 2021.
Michael Rauterkus has long experience, wide knowledge and good networks from the industry, as his most recent operative role was being the Chief Executive Officer (CEO) of Grohe AG, a German sanitary technology manufacturer.
Vast industry experience
During his tenure as CEO from 2015-2019, Michael Rauterkus developed Grohe into a globally renowned company for bathroom and kitchen solutions. Prior to this, he has worked in various roles at Grohe AG, since 2006. Earlier in his career, Michael Rauterkus has been working for companies, including in Hasbro Inc., Levi Strauss & Co., Kraft Jacobs Suchard (now Mondelez).
Michael is a seasoned visionary leader with strong strategic competence"
“I am very pleased that Michael Rauterkus has accepted the assignment to lead Uponor into the next phase and I look forward to working with him. Michael is a seasoned visionary leader with strong strategic competence. He understands the dynamics of our industry inside out,” said Annika Paasikivi, Chair of the Board of Directors, Uponor Corporation.
Water delivery and energy efficiency
Michael Rauterkus stated, “I am very excited to join Uponor, a leading iconic brand in the industry with a global presence. I love this industry, as water delivery and energy efficiency are essential for everyday life of people.”
He adds, “I look forward to learning the Uponor business, meeting the Uponor teams in the markets, visiting the production sites and discussing with our customers and shareholders of Uponor’s future plans. It is a great opportunity to lead over-100-year-old Uponor to its next development phase.”
Uponor announced on February, 12 2021 that Jyri Luomakoski will leave his position as President and CEO effective from August 20, 2021.