Home / Knowledge / News / Textiles / Mr. Kurt Feller to retire from Rieter Holding BoD
Mr. Kurt Feller to retire from Rieter Holding BoD
30
Jan '08
In meeting of the Board of Directors of Rieter Holding Ltd, Winterthur, decided to propose Roland W. Hess for election to the board at the Annual General Meeting on May 8, 2008.

It is planned to elect him chairman of that body in succession to Kurt Feller, who will retire from the Board of Directors at the 2008 Annual General Meeting upon reaching retirement age as stipulated in the Articles of Association.

Kurt Feller (1937) joined Rieter in 1978 and was CEO of the Rieter Group from 1989 to 2000. He has been a Director since 1994 and was elected Chairman in 2000. The Board of Directors and the Group Executive Committee wish to thank Kurt Feller for his many years of successful service to Rieter.

Roland Hess, born in Lucerne in 1951, gained a degree in economics and business administration and has many years of international experience in various leading positions. He worked in the finance department at Nestlé for more than 10 years and has been employed by Schindler since 1984, including 8 years in the US, finally as head of the Schindler subsidiary there. He was appointed to the Schindler Executive Board as CFO in 1996 and was CEO of Schindler from 2003 to 2007.

As already announced, it will also be proposed to the Annual General Meeting on May 8, 2008, that Erwin Stoller, who was a member of the Group Executive Committee until the end of 2007, be elected a member of the Board of Directors of Rieter Holding Ltd. Erwin Stoller is nominated as Vice-chairman.

The Rieter Group operates internationally, developing and producing sophisticated systems solutions for the textile and automotive industries. Rieter operates some 70 manufacturing facilities in 20 countries and has some 15 000 employees worldwide.

Rieter Management AG

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search