Thomas Körmendi to join Norican as CEO
Thomas Körmendi has now taken up the role of President & CEO of Norican, marking the next phase inf the company’s development as a global leader in metal formation and surface treatment technologies.
— Thomas Körmendi, President & CEO - Norican“Metal is a material for the future – inherently recyclable, highly durable, and essential to everything from electric vehicles to wind turbines. At Norican, we are reimagining the industries that shape metal, helping them become more sustainable, more efficient and more connected.
In my first months, I will focus on understanding the business and working closely with colleagues across our global teams and brands. Together with our customers, we will accelerate innovation, expand in key markets and strengthen long-term partnerships – so manufacturers can move faster, adapt with confidence and build modern industrial workplaces that inspire a new generation. I am proud to lead Norican into its next chapter."
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 following a period of strong growth under former CEO Anders Wilhjelm.
Søren Johansen - Partner in Altor said:
“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’s caliber and outstanding international track-record to take Norican to even greater heights to the benefit of Norican’s customers and all other stakeholders.”
Leadership and experience
Körmendi joins Norican after eight years as CEO of Norway-based packaging giant Elopak, where he led the international growth expansion and the publicly listing of the business. He stepped down from the role to relocate back to his native Denmark.
On being appointed to the role, Körmendi said:
“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.”
About Norican
Norican is a global group of businesses that serves foundries and major industries with metal formation, surface treatment and IIoT technologies. Norican designs, manufactures and provides full-service aftermarket support. With our head office in Denmark, multiple manufacturing sites and offices around 5 continents, Norican is renowned for industry-leading quality, reliability and innovation.