LONDON: SATO Corporation´s Board of Directors has appointed Sharam Rahi, 46, the President and CEO of SATO, starting from September 1, 2019.
Rahi acts as President and CEO until a permanent CEO is appointed. Rahi is the Vice CEO at Fastighets AB Balder, the main owner of SATO.
SATO´s Board of Directors and the current President and CEO, Saku Sipola, have agreed that Sipola leaves his position on 31th August. SATO announced June 26, 2019 that Sipola is leaving the company for a position in another company.