Sapa Names Svein Tore Holsether CEO

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Sapa, a manufacturer of aluminum profiles and building systems, says it has appointed Svein Tore Holsether CEO. Tim Stubbs, former CEO, has departed to pursue new opportunities outside the Sapa group.

Holsether previously served as executive vice president of mergers and acquisitions at Orkla, Sapa's parent company. He has also served as chief financial officer of both Elkem and Sapa and has led Sapa's recent expansion in Asia through his role as business area president.

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