SIG Group, a leading provider of sustainable packaging solutions, has appointed Mikko Keto as its next chief executive officer, with the transition set to take effect in the first half of 2026.
The appointment follows an extensive global search to identify a leader capable of steering SIG through its next phase of growth, innovation and operational transformation.
Keto joins SIG from FLSmidth, an engineering company focused on the mining sector, where he served as Group CEO. During his tenure, he led a wide-ranging business transformation programme that included a financial and operational reset, portfolio optimisation through major divestments and mergers, and a global efficiency initiative. These efforts doubled the company’s value and significantly strengthened its strategic position.
Prior to FLSmidth, Keto spent nine years at Metso Corporation in several senior leadership roles, further cementing his reputation for delivering complex engineering and organisational transformations.
Ola Rollén, chair of SIG’s board, said:
“Mikko brings an impressive track record of driving business and cultural transformations in engineering-led systems businesses. We believe that under his direction, we will build a simpler, leaner and more agile company that delivers enhanced value to all stakeholders.”
Keto’s arrival comes at a pivotal time for SIG, which has solidified its position as a major player in F&B packaging through its focus on sustainability, innovation and end-to-end solutions, including aseptic cartons, bag-in-box formats and spouted pouches.
In a statement, Keto highlighted the strengths of SIG’s business model:
“The group has a high-quality business model, with engineering, innovation and sustainability at its core. I very much look forward to leading the company into its next chapter and building on its strong foundation.”
Anne Erkens, who has been serving as interim CEO during the transition, will continue in her role as CFO, ensuring leadership continuity.
SIG produced 57 billion packs and generated €3.3 billion in revenue in 2024, maintaining strong recognition for its ESG performance with an AAA MSCI rating and a Platinum CSR rating from EcoVadis.
SIG Group appoints Mikko Keto as new CEO
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