In a significant development for the global glass manufacturing industry, Şişecam, the Istanbul-based multinational, has announced the sudden resignation of its Chief Executive Officer, Mr. Görkem Elverici.
The company confirmed that Mr. Elverici stepped down effective April 30th.
This leadership change sees the appointment of Mr. Can Yücel as the new CEO, effective May 1st, 2025. Mr. Yücel will also continue to serve as a Member of the Board of Directors, providing continuity and strategic oversight.
The timing of Mr. Elverici’s departure is noteworthy, coming just three weeks after he served as the keynote speaker at Şişecam’s 90th-anniversary conference. At this prominent event, he outlined the company’s future vision and its plans for the future of its annual conference, highlighting his recent and public commitment to the company’s trajectory. 
Mr. Elverici was appointed to the CEO role in July 2021. During his tenure, he led Şişecam through a period of significant global and industry-specific challenges. His background is marked by a strong academic foundation and diverse professional experience. Born in Ankara in 1976, he holds a degree in Civil Engineering from Middle East Technical University, an MBA from Bilkent University, and a Ph.D. in Banking and Finance from Kadir Has University. Prior to his leadership roles at Şişecam, where he also served as CFO and Executive Board Member, Mr. Elverici gained valuable experience in business banking with institutions like İş Bankası and HSBC, and in management consulting with firms including Deloitte and Accenture.
While the reasons for Mr. Elverici’s sudden resignation have not been publicly disclosed, such transitions in leadership at major corporations can occur due to a variety of factors, ranging from personal decisions to strategic realignments.
The appointment of Mr. Can Yücel signifies a new chapter for Şişecam. As a current Member of the Board, Mr. Yücel is likely well-acquainted with the company’s operations, strategy, and ongoing initiatives. His continued presence on the board further suggests a focus on a smooth transition and the continuation of Şişecam’s strategic objectives.
The industry will be closely watching as Mr. Yücel assumes his new responsibilities and articulates his vision for Şişecam’s future. The company, a major player in the global glass market, will undoubtedly navigate this leadership change with a focus on maintaining its operational excellence, strategic growth, and commitment to its stakeholders. Further details regarding the transition and Mr. Yücel’s priorities are anticipated in the coming weeks.
Source: Şişecam with additional information added by GlassBalkan
