Rieter's first trading day after separation of Automotive Systems
13 May '11
3 min read
As of May 13, 2011 Rieter Holding and Autoneum each have their own independent board of directors and management.
The Rieter board of directors comprises Erwin Stoller (executive chairman), This E. Schneider (vice chairman, lead director and chairman of the nomination and compensation committee), Dieter Spälti, Jakob Baer (chairman of the audit committee), Michael Pieper, Hans-Peter Schwald and Peter Spuhler.
The Rieter Group Executive Team comprises Erwin Stoller (executive chairman), Peter Gnägi (head of the business group Spun Yarn Systems), Werner Strasser (head of the business group Premium Textile Components), Joris Gröflin (CFO) and Thomas Anwander (general counsel).
Rieter, with registered offices in Winterthur, Switzerland, is a global market leader in spinning machinery and components, with the broadest offering worldwide. The company develops and manufactures machinery, components and systems for manufacturing yarns from natural and man-made fibers and combinations of the same. Rieter is the world's only supplier of products and know-how covering not only both pre-spinning processes but also all four final spinning processes established on the market.