Tero Peltomäki Appointed as New CEO of Cimcorp
Long-term employee, Tero Peltomäki, will become CEO in February. His predecessor, Masatoshi Wakabayashi, who has successfully led the company's growth for six years, will continue as a Cimcorp board member and act as General Advisor
"Tero has extensive experience from his years with Cimcorp," commented outgoing CEO, Masatoshi Wakabayashi. "And he is a highly regarded and well-known professional among our customers, stakeholders and all Cimcorpers around the world."
Masatoshi Wakabayashi has been Cimcorp's CEO since 2015, following the group's acquisition by Murata Machinery Ltd (Muratec) in October 2014. During this time, the company has grown significantly in terms of revenue and profit, as well as in personnel and its subsidiary network.
Cimcorp and Muratec continue to enjoy great opportunities to benefit from each other's strengths, expertise and competencies. With Peltomäki taking the reins as CEO, Wakabayashi will continue to work for Cimcorp as General Advisor and a member of the Board, with a particular focus on strengthening the collaboration between Cimcorp and its owner, Muratec.
Tero Peltomäki commented, "One of my core tasks is to lead our company to the next level, together with all our employees and in collaboration with our owner. Together we can create a formidable, mutual base for growth and development."
"As a long-time Cimcorper," continued Peltomäki, "I would also like to thank Masatoshi Wakabayashi for his tremendous work for Cimcorp, and I'm grateful that he will continue to contribute to our company and our community."
Cimcorp Group—part of Murata Machinery, Ltd. (Muratec)—is a leading global supplier of turnkey automation for intralogistics, using advanced robotics, material handling and software technologies. As well as being a manufacturer and integrator of pioneering material handling systems for the tire industry, Cimcorp has developed unique robotic solutions for order fulfillment and storage for the food & beverage, retail, e-commerce, fast-moving consumer goods (FMCG) and postal services sectors. Together with its parent company, Cimcorp boasts a worldwide network of service locations. Designed to reduce operating costs, ensure traceability and improve efficiency, these systems are used within manufacturing and distribution centers in over 40 countries across six continents. For more information, visit http://www.cimcorp.com.