Rapala VMC seeking new CEO

The hunt is on for a replacement CEO and president at Rapala VMC Corporation after news that Nicolas Warchalowski is to leave his role by mutual agreement.

Current Rapala chairman Louis d’Alançon has been named interim president and CEO while a successor is found.

In a statement, the board of directors said Warchalowski will be available until May 16th to assist on special projects to secure an orderly transition.

Louis d’Alançon said: “We want to thank Nicolas for his strong contribution to our strategic initiatives aiming at growth, improvement of profitability and improving the operational performance during the difficult Covid-19 period.

Warchalowski, who took up his role in March 2020, added: “I want to warmly thank all Rapala VMC employees and other stakeholders for the good co-operation and great experiences during my time with Rapala VMC. We have worked together on several new fronts with strategic initiatives, which I believe will form a good platform for Rapala’s long-term success. Now it’s time for someone else to take the lead and for me to pursue new things in due course.”