Curated News
By: NewsRamp Editorial Staff
October 22, 2026
Semperit Appoints Richard Kelsey as New CFO
TLDR
- Semperit AG named Richard Kelsey CFO, bringing over 25 years of M&A and capital markets expertise to drive its next growth phase.
- Richard Kelsey becomes Semperit CFO on November 1, 2026, succeeding Helmut Sorger, with a term running until October 31, 2029.
- Semperit's new CFO appointment aims to strengthen long-term shareholder value and support the company's global workforce of around 4,000 people.
- Richard Kelsey, a former CFO at Constantia Flexibles, will join Semperit's executive board and lead its financial strategy through 2029.
Impact - Why it Matters
The appointment of Richard Kelsey as CFO signals Semperit’s commitment to strengthening its financial leadership and strategic direction. Kelsey’s deep expertise in M&A and capital markets will be crucial as the company pursues its next phase of growth, potentially leading to improved financial performance and increased shareholder value. This transition also highlights Semperit’s focus on lean structures and cost discipline, which have already boosted profitability in 2026. For investors and stakeholders, Kelsey’s track record suggests a continued emphasis on value creation and strategic realignment, positioning Semperit well for future opportunities in the global elastomer market.
Summary
The Supervisory Board of Semperit AG Holding has appointed Richard Kelsey as a member of the Executive Board, effective November 1, 2026. Kelsey will assume the role of Chief Financial Officer (CFO), succeeding Helmut Sorger, who will leave the company by mutual agreement at the end of October 2026 after more than four successful years to pursue new professional opportunities. Supervisory Board Chairman Cord Prinzhorn praised Kelsey’s extensive M&A expertise and in-depth knowledge of capital markets, stating that together with Manfred Stanek and Gerfried Eder, the Executive Board is exceptionally well-positioned to shape Semperit’s next phase of growth and create long-term value for shareholders.
Richard Kelsey brings over 25 years of international experience in finance, M&A, and capital markets. He most recently served as CFO of Constantia Flexibles, a leading provider of flexible packaging solutions, for more than five years, where he was responsible for numerous international transactions and transformation projects. Prior to that, he was Head of M&A at Constantia Flexibles, leading the group’s acquisition activities. He also gained expertise in transactions and capital markets at Raiffeisen Investment, managing cross-border M&A projects in Central and Eastern Europe, and as an equity analyst at Cazenove in London. His term on the Semperit Executive Board will run until 31 October 2029.
Cord Prinzhorn thanked Helmut Sorger for their successful collaboration and his significant contribution to the development of the Semperit Group, noting that Sorger played a decisive role in driving and shaping Semperit’s transformation and successful realignment. Under Sorger’s leadership, the company refined its strategic direction and investment story, with a focus on lean structures, cost discipline, and value creation, which sustainably strengthened profitability and competitiveness. The boost in profitability in the current 2026 financial year reflects this course. Semperit is clearly positioned in strategic terms and well equipped for the next phase of growth. For further information, visit www.semperitgroup.com or view the original release on www.newmediawire.com.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, Semperit Appoints Richard Kelsey as New CFO
