SIG Group names Ann-Kristin Erkens as interim CEO

SWITZERLAND – SIG Group, a global leader in sustainable packaging solutions, has appointed Ann-Kristin Erkens as interim chief executive officer, effective immediately. 

The decision follows a mutual agreement with former CEO Samuel Sigrist, who stepped down after a 20-year tenure, including 4.5 years as CEO. 

Erkens, who will continue her role as chief financial officer, is tasked with steering the company through a transformative phase while the board searches for a permanent CEO.

According to Ola Rollén, chair of the board, the leadership change aligns with a strategic review conducted since the April 2025 annual general meeting. 

“We are confident there is potential to accelerate growth and deliver improved performance,” Rollén said in a statement.

 “With new leadership, we aim to enhance execution and drive SIG’s next chapter.” 

He also noted that“Samuel has made significant contributions to SIG’s results and strategy.

SIG, headquartered in Neuhausen, Switzerland, is renowned for its innovative aseptic cartons, bag-in-box, and spouted pouch solutions, serving the food and beverage industry in over 100 countries. 

The company reported revenues of US$3.6 billion in 2024 and holds an AAA ESG rating from MSCI, underscoring its commitment to sustainability. 

Erkens’ interim leadership will focus on advancing these initiatives, strengthening SIG’s position in eco-friendly packaging, and expanding its global market presence.

SIG reports 6% growth in carton revenue

The company reported a 6% increase in its 2024 carton revenue, driven by strong volume growth despite subdued end markets, according to the company’s annual report.

Former Chief Executive Officer Samuel Sigrist commented on the company’s performance, highlighting that in 2024, SIG continued to outperform the market and gained share in its carton portfolio. 

This demonstrated the resilience of the business model and strategy despite a challenging economic environment, particularly for consumers.

The company reported the placement of 75 aseptic carton filling machines during the year, marking another strong performance following two years of exceptional placements exceeding 90 fillers annually.

However, SIG’s bag-in-box and spouted pouch revenue declined by 5% for the year, at constant currency and constant resin. 

This decline was attributed to a weak first half performance due to soft market conditions, particularly in North America, and operational challenges at the company’s USA production facilities. 

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