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Elomatic appoints new CEO

After almost twenty years of service as the CEO of Elomatic Group, Olli Manner will vacate his position on 1.1.2016 and take up a new full-time position as the company’s Chairman of the Board of Directors. The current Chairman of the Board and Elomatic founder, Ari Elo, Dr. Sc. (Econ) h.c. will step aside, but will continue as a member of the Board of Directors.

From 1.1.2016 Patrik Rautaheimo, D.Sc. (Tech), will take over the reins as CEO of Elomatic. He completed his doctoral dissertation in 2001 at the Helsinki University of Technology, Finland in the department of mechanical engineering. Mr Rautaheimo started his career in Kvaerner Masa-Yards’ design department where he progressed to head of the Naval Architecture department. After this he transferred to Germany for two years to manage and develop engineering operations at Aker Yards’ Wismar and Rostock ship-yards. On his return to the Turku shipyard he was appointed as Vice President Design & Engineering. In this role he, among others, was responsible for the design and large parts of the material procurement of the world’s first LNG powered passenger vessel, the Viking Grace.

Olli Manner started as CEO of Elomatic in 1996. During his period at the helm of the company it has grown markedly. The turnover of the current financial period will be about 52 M€, whereas it as under 12 M€ in 1995. The growth has been largely organic, Mr Manner also overseen significant and successful acquisitions. Elomatic has offices in 9 countries. Of the personnel 600 work in Finland and almost 200 abroad. Elomatic’s operations include technical consulting and engineering in the machinery manufacturing, marine, process and energy business areas and turnkey deliveries of its own technologies and products. The Elomatic Group includes the software house Cadmatic, which develops and markets ship and plant design and information management solutions worldwide. Mr Manner will also take over the role of CADMATIC’s Chairman of the Board of Directors.

Elomatic is a family-owned business, of which the majority shareholding is in the hands of Ari Elo and his children. Via emission of shares for personnel and option programs the remaining shares have been acquired by over 120 shareholders, of which the majority are held by Elomatic personnel. The knowledge organization driven ownership model has been a success. Elomatic rates very highly in surveys conducted on personnel satisfaction and wellbeing.

From left to right Ari Elo, Olli Manner, and Patrik Rautaheimo

From left to right Ari Elo, Olli Manner, and Patrik Rautaheimo