1 Oct 2026
London, United Kingdom
Purmo Group today announced the appointment of Michael Rauterkus as incoming Chief Executive Officer. He will formally assume the role on 1 January 2027.
Michael Rauterkus was appointed as a Board member in July 2026 and will continue to work closely with current CEO, John Peter Leesi, during a Q4 transition period to ensure a smooth handover.
His appointment strengthens Purmo Group’s ambition to become the leader in climate solutions. Michael brings strong commercial acumen, customer focus and international leadership experience to build on Purmo Group’s market position and accelerate sustainable growth. Most recently, he served as President of GF Building Flow Solutions and has led Uponor and Grohe as CEO. He currently serves on the Boards of Electrolux AB and SLV Lighting Group.
“We are delighted that Michael will become Chief Executive Officer of Purmo Group. He will bring strong commercial judgement, deep industry understanding and a clear focus on customers and value creation. These qualities make him the right leader to advance Purmo Group’s position and accelerate the ambition to become the leader in climate solutions.”
Waleed Elgohary, Chairman, Purmo Group Board and Apollo Partner
“I am excited to lead Purmo Group at an important stage in its development. Purmo Group has portfolio of trusted brands, talented people and a strong position in attractive markets. Our aim is to bring these strengths together to create even greater value for customers and accelerate our ambition to become the leader in climate solutions. I look forward to working with the Purmo Group team, our customers and partners as we continue to take the company forward.”
Michael Rauterkus, incoming Chief Executive Officer, Purmo Group
About Purmo Group
Purmo Group has positioned itself at the centre of the challenge created by indoor climates. In the residential sector alone, the heating and cooling of buildings consume over 17% of the EU’s total energy and make up almost 12% of its greenhouse-gas emissions. Over 80% of the EU’s building-stock requires energy renovation to stay in line with the Paris Agreement.
Through 72 years of development, acquisition and growth, Purmo Group supplies products and systems for every part of the generation, distribution, emission and control of indoor heating and cooling, as well as offering the foremost experience in the design, installation and performance of indoor-climate solutions.
The Group operates out of 20 countries and delivers to over 100. By offering simplicity to installers and energy savings to end-users, it intends to deliver upon its vision that perfect indoor climates should not cost the planet’s climate.
