Magnetic MRO appoints Risto Mäeots as new Chief Executive Officer

Magnetic MRO, Estonia-headquartered Total Technical Care company, announced today of the upcoming changes in its leadership team. From December 1st, 2016 Risto Mäeots will be promoted from his current Chief Operating Officer position to the Chief Executive Officer position and will resume responsibility for overall company direction. Incumbent company CEO Jonas Butautis will move to the Chairman of the Management Board position, supporting Risto Mäeots with the transition, also guiding group-level M&A, asset management, and strategic projects activities.