|

|

Business

Glaston redraws its commercial map as Tuomo Nuottimäki joins leadership team
Glaston redraws its commercial map as Tuomo Nuottimäki joins leadership team

Explore and follow profiles from this article to get timely updates:

Credit: Glaston, Tuomo Nuottimäki

Credit: Glaston, Tuomo Nuottimäki

Glaston's appointment of Tuomo Nuottimäki to its executive leadership team is notable. The restructuring behind it is more so.

The Finnish glass-processing technology company announced today that Nuottimäki will become SVP EMEAI and a member of the executive leadership team, effective July 1. He succeeds Kimmo Kuusela, who leaves the company at the end of June.

At the same time, Glaston is dismantling the regional structure it put in place only a year ago.

The former EMEA and APAC organization will be split into two management areas. Nuottimäki will lead Europe, the Middle East, Africa, and India (EMEAI). China and Southeast Asia will report directly to President and CEO Miika Äppelqvist.

The change reduces the span of control of one of Glaston's largest commercial roles and places responsibility closer to individual markets.

"I am very pleased that we can fill this role from within Glaston with a person who has a thorough knowledge of our customers and industry. Tuomo brings decades of experience to our commercial leadership and is committed to developing how we serve customers and enable growth," Äppelqvist said in the company's stock exchange release.

A key market gets dedicated leadership

The decision matters because EMEA remains Glaston's most important region.

In 2025, EMEA generated around 45 percent of group revenue, compared with 31 percent from the Americas and 24 percent from APAC. For a company whose fortunes are closely tied to customer investment cycles, the region remains the center of gravity.

Most of Glaston's equipment ends up in the architectural glass industry, serving residential and commercial construction markets. Those markets have been weak for an extended period. Customers have postponed investments, demand for new tempering capacity has been limited, and activity in insulating glass equipment has slowed.

Management has pointed to potential support from recovery programs in countries including Germany and Austria. The Middle East also showed signs of improving activity toward the end of 2025.

If demand recovers, EMEA is likely to be one of the first places where it becomes visible in Glaston's order book.

An internal appointment with deep market knowledge

Nuottimäki brings more than 20 years of experience at Glaston and has spent most of his career in customer-facing roles.

Most recently, he led sales across the Middle East, Africa, Southeast Asia, and India. His promotion gives the leadership team someone with long-standing customer relationships across many of the markets that now form the new EMEAI region.

That experience could prove valuable in a market where equipment purchases are infrequent, sales cycles are long, and service relationships often continue for years after an installation is completed.

The appointment also continues a broader pattern within Glaston. Since Äppelqvist became CEO in 2025, the company has largely rebuilt its executive team through a combination of internal promotions and targeted external hires.

Although Nuottimäki is the newest member of the leadership team, his tenure at the company makes him one of its most experienced executives.

The CEO newsletter

For those carrying responsibility at the top
A monthly newsletter on leadership, power, and transition in the Nordics.

Written by Helene Auramo, based on real CEO conversations and leadership signals.

By signing up, you agree to our Privacy Policy

The CEO newsletter

For those carrying responsibility at the top
A monthly newsletter on leadership, power, and transition in the Nordics.

Written by Helene Auramo, based on real CEO conversations and leadership signals.

By signing up, you agree to our Privacy Policy

China moves closer to the CEO

The other half of the restructuring may prove just as important.

Rather than appointing a separate executive to oversee China and Southeast Asia, Glaston has chosen to place the region directly under Äppelqvist.

That decision reflects the different dynamics facing the business in Asia.

While architectural glass markets remained weak across much of APAC during 2025, China continues to play an important role in automotive glass, solar energy and other segments where glass content is increasing. The electrification of transport and growing investment in energy-efficient technologies continue to support long-term demand for advanced glass processing equipment.

Direct CEO oversight does not necessarily mean further organizational changes are coming. It does suggest that management wants a closer view of developments in a region that remains strategically important despite near-term market weakness.

The timing is challenging

The restructuring comes as Glaston navigates a difficult market environment.

First-quarter net sales fell 21 percent year-on-year to EUR 40.9 million, while orders received declined 14 percent to EUR 40.5 million. Although profitability improved, management maintained guidance that both net sales and comparable EBITA will fall below 2025 levels.

The company has also cited uncertainty around customer investment decisions and geopolitical tensions in the Middle East as factors weighing on demand.

That leaves Nuottimäki with a clear assignment from day one: strengthen commercial execution in the region that contributes nearly half of group revenue while preparing for a recovery that has yet to materialize.

The appointment itself is unlikely to change investor expectations. The organizational structure behind it may. Glaston is placing more accountability in its largest market and bringing Asia closer to the CEO. The first indication of whether that approach is working will come in the second half of 2026, when investors begin looking for signs that orders are recovering.

Follow moves like this on the Listeds Executive Intelligence Platform.

Authors

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Devdatta Temgire is a data and business analyst at Listeds. He contributes research, data analysis, and pattern detection to the publication’s coverage of Nordic-listed companies, with a focus on board composition, leadership transitions, and financials. He holds an honors degree in artificial intelligence and data science alongside a bachelor’s in computer engineering, and previously worked at KPMG.

Devdatta Temgire is a data and business analyst at Listeds. He contributes research, data analysis, and pattern detection to the publication’s coverage of Nordic-listed companies, with a focus on board composition, leadership transitions, and financials. He holds an honors degree in artificial intelligence and data science alongside a bachelor’s in computer engineering, and previously worked at KPMG.

Authors

Journalist

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Devdatta Temgire is a data and business analyst at Listeds. He contributes research, data analysis, and pattern detection to the publication’s coverage of Nordic-listed companies, with a focus on board composition, leadership transitions, and financials. He holds an honors degree in artificial intelligence and data science alongside a bachelor’s in computer engineering, and previously worked at KPMG.

Subscribe to our newsletters

Subscribe to all our newsletters with one click — stay fully up to date across leadership, business, culture, and Nordic life.


By signing up, you agree to our Privacy Policy

Subscribe to our newsletters

Subscribe to all our newsletters with one click — stay fully up to date across leadership, business, culture, and Nordic life.


By signing up, you agree to our Privacy Policy

Latest updates

Stay on the pulse, catch the signals

Subscribe to Listeds Leadership Intelligence Platform:

  • leader and company database access

  • email alerts

  • career, boards and interim opportunities

Join our Pulse, Best-of-the-Week, and Weekend newsletters

Join our Pulse, Best-of-the-Week, and Weekend newsletters