New Setra CEO appointed
16 February 2023Setra has appointed Marcus Westdahl as its new CEO. Mr Westdahl is currently CEO of EFG European Furniture Group and he has held several other senior positions in the wood and paper industries over the past 20 years.
He replaces current CEO Katarina Levin, who informed the Board in October 2022 that she would leave her position for personal reasons in conjunction with the company’s annual general meeting in May 2023. The date when Mr Westdahl will take over as CEO will be announced during the spring.
“We are very pleased that Marcus Westdahl is taking over as CEO of Setra,” said Anders Källström, Setra chairman. “He has extensive experience in leading positions in the furniture and paper industries and has achieved very good results.”
“I am both proud and pleased about the confidence the company has in me,” said Mr Westdahl. “Setra has an exciting market position and owners that are keen to invest in increasing efficiency and competitiveness. Setra has great opportunities to continue its positive development even in a somewhat tougher market, and it is on a journey that I am really looking forward to help shape.”
In recent years, Setra has made significant investments in new modern equipment at several of its plants, with new drying facilities and new machines that increase capacity. The company has built a brand new trimming and planing line in Hasselfors and the company’s wood industry centre in Långshyttan is continuing to grow. The company manufactures glulam, CLT, joists and components there.
