Bathroom manufacturer Ideal Standard International has announced co-CEO and president of sanitaryware segment Jonas Nilsson will leave the company, effective from June 30, 2023.
Co-CEO and president fittings segment Jan Peter Tewes will assume the role of sole CEO.
Jonas Nilsson joined Ideal Standard in 2019 as chief operating officer and, in 2021, was appointed as co-CEO alongside Jan Peter Tewes.
He will leave the company having led the reconfiguration of Ideal Standard’s manufacturing footprint and streamlining of its logistics networks.
Under his leadership, Ideal Standard reports it has improved performance of its operations and the company continues to target higher levels of quality, cost efficiency, and supply chain optimisation.
A statement read: “As the Company’s co-CEO since 2021 and former chief commercial officer, Jan Peter Tewes is ideally placed to lead Ideal Standard in its further development, building on the leadership and vision he has already shown.”
Ideal Standard manufactures bathroom products for residential and non-residential markets, in more than 100 countries and manufactures the brands Ideal Standard, Porcher and Armitage Shanks.