Afarak Group CEO Guy Konsbruck to Step Down in June 2027
News related to:Afarak Group SE · 1 min read
Afarak Group SE, a specialist alloy producer with operations in southern Europe and South Africa, announced that Guy Konsbruck, the company's CEO, will step down from his position on June 30, 2027. The announcement was made on November 11, 2026, at 16:30 Helsinki time, 14:30 London time.
In a statement, the Board of Directors of Afarak Group SE expressed gratitude to Konsbruck for his leadership and dedication.
Konsbruck, who has been with the company since 2016, thanked the Board and his colleagues for their support.
The Board of Directors has initiated the process of finding a successor.
Afarak Group SE is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK). The company focuses on delivering sustainable growth through its Speciality Alloys business in southern Europe and its FerroAlloys business in South Africa. Konsbruck has led the company through significant milestones and has been instrumental in shaping its strategic direction.
The transition of leadership is expected to be a smooth process, with Konsbruck continuing to lead the company until the appointed date. Shareholders and stakeholders can expect the company to maintain its focus on sustainable growth and innovation during this period. The company's commitment to its mission and values will remain unchanged, and the Board of Directors is confident that the next CEO will continue to drive Afarak's success.
The release also noted that the company will continue to operate as usual during this transition period.
Afarak Group SE is a leading producer of alloys, contributing to the growth and development of industries in southern Europe and South Africa. The company's focus on sustainability and innovation has been a cornerstone of its success, and the Board of Directors is confident that the next CEO will continue to uphold these principles.