Fred Metsma has been appointed Chief Financial Officer and Member of the Management Board of the state‑owned company Hexest Materials AS, which is responsible for establishing an explosives manufacturing plant in Estonia. Metsma assumed his new role on 1 April. Fred Metsma has been working since April.
Metsma has a broad experience in financial management in manufacturing and industry. Metsma brings extensive financial management experience in the manufacturing and industrial sectors. He spent nearly 12 years as Chief Financial Officer at Krah Pipes OÜ, a company specializing in plastic pipe manufacturing and related solutions, and most recently served for two years as CFO at Fractory Solutions, a hybrid industrial company and software startup.
“This is an exciting and large‑scale manufacturing project,” Fred Metsma commented on his new role.
“We warmly welcome our new CFO to the team and wish him every success in his new role,” added Randel Veerits, CEO of Hexest Materials.
