Karl Eichinger to step in as Sapa’s finance chief

Downstream aluminum producer Sapa Group has appointed Karl Eichinger as its new chief financial officer, effective Dec. 1, the company said Oct. 29.

Eichinger is currently vice president of finance in Sapa’s European extrusion business. He previously held various management positions within Norsk Hydro ASA before Sapa’s tie-up with the Oslo, Norway-based company’s downstream aluminum business last year. He will now join the corporate management team, reporting to Sapa chief executive officer Svein Tore Holsether.

Eichinger replaces Arnstein Sletmoe, who has decided to leave Sapa to focus on other priorities. Sletmoe played a key role in the integration process following the merger with Hydro, and will continue to "support the (chief executive officer and chief financial officer) until the end of January 2014", Sapa said