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Munters accelerates CEO transition and reshapes Group Management

Andrew Cook will lead AirTech as new Group roles sharpen Munters' focus on strategy, corporate relations, AI and enterprise transformation.

Munters accelerates CEO transition and reshapes Group Management

Munters has brought forward Stefan Aspman’s appointment as President and CEO to September 14, 2026, following the completion of its leadership transition and handover process. Aspman has also announced immediate changes to Group Management, including new leadership at AirTech and new roles focused on corporate relations and enterprise transformation.

Andrew Cook has been appointed President of AirTech and a member of Group Management while retaining responsibility for the Americas region. Cook, who has worked at Munters for 26 years and most recently served as Senior Vice President Americas in AirTech, succeeds Henrik Teiwik, who will leave Munters after four years with the company.

Grete Solvang Stoltz will become GVP Corporate Strategy & People, retaining her existing responsibilities while adding a broader mandate to coordinate Group-wide strategic priorities and business enablement activities. Line Dovärn, currently Head of Investor Relations, has been appointed GVP Investor & Corporate Relations, combining investor relations and corporate communication. The GVP Communications & Brand role will be discontinued, and Susann Johnsson will leave Munters.

Petra Gustafson has been appointed GVP Enterprise Transformation & Incubation. The newly established function will focus on cross-Group transformation initiatives including AI and automation, while providing a platform for developing future growth opportunities beyond Munters’ current core portfolio. Gustafson has worked at Munters for more than eight years and currently serves as VP Business Excellence.

“The announced changes are designed to bring the management team closer to customer and offer development decisions, more closely align related responsibilities and strengthen our focus on Group-wide priorities and transformation. Greater proximity to the market, increased speed of execution and capturing the opportunities enabled by AI and new technology are key priorities moving forward. With the new leadership team in place from day one, we can move forward with clarity and pace,” said Stefan Aspman.

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