On behalf of Norbert Klapper he will provide support during 2014 in connection with strategically important projects. After four years with a dual mandate, Erwin Stoller will concentrate on the Board chairmanship.
As announced earlier on this year, Norbert Klapper takes over on January 1, 2014 as CEO of the Rieter-Group. At the same time Erwin Stoller relinquishes his dual position as Executive Chairman since 2009 but remains Chairman of the Board.
After graduating in mechanical engineering and receiving his Ph.D. in economics, Norbert Klapper accumulated widely based international experience in the machinery and plant engineering industry, particularly in the markets important to Rieter. His previous position was Executive Vice President Voith Turbo, Heidenheim, Germany.
Peter Gnägi will relinquish his current position as Head of the Business Group Spun Yarn Systems per end of 2013 at own request and stand down accordingly from the Rieter Executive Committee. At the request of Norbert Klapper he will provide support during 2014 in connection with strategically important projects.
Peter Gnägi, graduated in mechanical engineering at the Swiss Federal Institute of Technology in Zurich, joined Rieter in 1990. He was appointed to the Executive Committee in 2002, and has been in his current position since 2011.
The Board of Directors heartily thanks Peter Gnägi for his outstanding contribution to the further development of Rieter's textile machinery and component business. The Board of Directors looks forward to working with Norbert Klapper, and wishes him every success and satisfaction in his new position.
Rieter is a leading supplier on the world market for textile machinery, based in Winterthur, Switzerland. The company develops and manufactures systems, machinery and technology components used to convert natural and manmade fibers and their blends into yarns.
Rieter is the only supplier worldwide to cover spinning preparation processes as well as all four final spinning processes currently established on the market. With 18 manufacturing locations in 10 countries, the company employs a global workforce (fix) of some 4 700, about 27 % of whom are based in Switzerland.
Apparel/Garments | On 29th May 2017
The Bangladesh Garment Manufacturers and Exporters Association...
Textiles | On 29th May 2017
The special garment package of Rs 6,000 crore that was introduced by...
Textiles | On 29th May 2017
The textile company Tintex has joined hands with the system supplier...
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016
'Major problem in the textile machinery manufacturing industry is the lack ...
Dow Microbial Control
'Silvadur is most rapidly adopted in areas where hygiene-conscious and...
Leadership & Sustainability
Sustainable models are beneficial for brands, retailers and manufacturers
Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...
Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...
Swerea IVF AB
Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...
"We should not compare India and the West. There are things we do that...
"You have to truly understand what your client wants, know her needs, what ...
Rupa Sood and Sharan Apparao
Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...