The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

SIG Group has announced the appointment of Ann-Kristin Erkens as interim chief executive officer, effective immediately. This leadership transition follows the mutual agreement for Samuel Sigrist to step down from his role after a 20-year tenure with the company, including 4.5 years as CEO.

The board of directors, led by Chair Ola Rollén, highlighted the need for new leadership to guide SIG through its next phase of growth and performance improvement.

Erkens, who will continue her responsibilities as chief financial officer, is expected to oversee day-to-day operations while the Board initiates a search for a permanent CEO.

Rollén said: “The board has used the time since this year’s AGM in April to review the strategy of the company, and we are confident that there is potential to accelerate growth and deliver improved performance. We are now looking to step change our execution with new leadership.”

He added: "The board would like to thank Samuel Sigrist for his 20-year tenure with SIG and his last 4.5 years as CEO. Samuel has made many positive contributions to the results and strategy of the Company. The board wishes him every success for the future.”

The announcement comes at a pivotal moment for SIG, a leading provider of sustainable packaging solutions for the food and beverage industry.

The company is known for its innovative aseptic cartons, bag-in-box and spouted pouch solutions, which are designed to meet the evolving demands of consumers and manufacturers alike.

The board also indicated that a new date for the upcoming Capital Markets Day, originally scheduled for October 2 2025, will be announced in the near future. This event is anticipated to provide further insights into SIG’s strategic direction and operational updates under Erkens’ interim leadership.

As SIG navigates this transition, the focus will likely remain on enhancing its sustainability initiatives and expanding its market presence, particularly in light of its recent achievements, including a reported revenue of €3.3 billion in 2024 and an AAA ESG rating from MSCI.