TOMRA’s CEO recently won a prestigious business leader award. The European CEO Awards named Stefan Ranstrand “the best CEO in the sustainable resource management industry”.
Ranstrand has been leading TOMRA as president and CEO for the past ten years. In 2017, the company reported currency adjusted revenues of EUR778m – a 12% increase over the previous year. During this time, TOMRA made a number of acquisitions including New Zealand-based lane sorting manufacturer Compact for the sum of EUR46m, thus expanding its grasp of the food sorting business.
“It’s a great honor to have received this accolade. This is a testament to the whole company and recognizes the dedication of TOMRA’s people. The past year has been our most successful to date, reaffirming our status as a sustainability leader and spearhead of the resource revolution”, commented Ranstrand on the award win.
Prior to joining TOMRA, Ranstrand worked at power and automation technologies company ABB between 1991-2009 and computer manufacturer Data General AG between 1988-1991, as part of the management team.
“We continually strive to find innovative ways to reduce the world’s waste and optimize use of its resources. I’m very proud of the positive impact TOMRA has had on the recycling food and mining industries in the past ten years. I’m privileged to lead TOMRA and will continue to do so with a renewed focus on achieving a more circular economy and safeguarding in the future of the global food supply,” Ranstrand added.