DomeMini carton bottle
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SIG names FLSmidth’s head Mikko Keto as its new CEO
Yahoo Finance· 2025-11-18 09:55
Core Insights - Swiss packaging company SIG has appointed Mikko Keto as its new CEO, effective in the first half of 2026, transitioning from his role as group CEO at FLSmidth [1][2] - Keto has a strong background in business transformation, having doubled FLSmidth's value during his tenure and previously held senior positions at Metso, Nokia Networks, and KONE [2][3] - The SIG Board chairman expressed confidence in Keto's ability to drive growth and innovation, aiming to create a simpler and more agile company [4] Company Overview - SIG, established in 1853, specializes in aseptic carton, bag-in-box, and spouted pouch packaging solutions [4] - The company reported revenue of €3.3 billion ($3.82 billion) in 2024 and produces 57 billion packs annually, employing 9,600 people across over 100 countries [5] - In November 2025, SIG's new DomeMini carton bottle format was introduced by SalzburgMilch, marking a significant innovation in mobile dairy consumption [5][6]