Deceuninck - 'Misalignment' leads to exit of CEO
• Deceuninck unexpectedly announced the departure of its CEO by February• Its executive chairman will take over the CEO-role ad interim• Deceuninck repeats its FY23 guidance of 'growth in adjusted EBITDA'Deceuninck is an international designer and manufacturer of PVC systems for windows and doors, cladding & roofline, interior and garden applications. The basic technology used by Co. is extrusion of PVC and patented Twinson composite material. The production process includes compounding, tool manufacturing, extrusion of gaskets and profiles, printing, PVC lamination and the patented Decoroc coating technology. Co. is active in more than 75 countries across Europe, North America and Asia and maintains nine PVC extrusion facilities capable of processing 260,000 tons of compound.
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