Bystronic AG
Bystronic AG: Alex Waser elects to retire as Bystronic CEO – Domenico Iacovelli named successor
Bystronic AG / Key word(s): Personnel
Zurich, January 31, 2024 — Long-time Bystronic CEO Alex Waser has elected to retire as CEO. He will be succeeded by Domenico Iacovelli, who will assume the role of CEO, effective July 1, 2024. Image Alex Waser – Domenico Iacovelli
About Bystronic Bystronic (SIX: BYS) is a leading global technology company in the field of sheet metal processing. The focus is on the automation of the complete material and data flow of the cutting and bending process chain. The intelligent networking of laser cutting systems and press brakes based on innovative automation, software, and service solutions is key to achieving the comprehensive digitalization of the sheet metal processing industry. Bystronic’s operational headquarters are located in Niederönz (Switzerland). Additional development and production sites are located in Sulgen (Switzerland), Gotha (Germany), Cazzago San Martino and San Giuliano Milanese (Italy), Tianjin, Shanghai, and Shenzhen (China), and Hoffman Estates (USA). We are active with our own sales and service companies in more than 30 countries and are represented by agents in numerous other countries.
Disclaimer This media release has been published in English and German. Should the English translation differ from the German original, the wording of the German version shall prevail. This media release contains forward-looking statements, which are subject to uncertainty and risks. Actual future results may differ materially from those expressed in or implied by these statements. Some of these uncertainties and risks relate to factors that are beyond Bystronic’s ability to control or predict precisely, such as, in particular, future market conditions, currency fluctuations, or the behavior of other market participants, suppliers, and transport companies, as well as possible effects of the war in Ukraine and the associated sanctions. Readers are cautioned not to put undue reliance on forward-looking statements, since these relate only to the date of this communication. Bystronic disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or any other factors. Additional features: File: 20240131_Update Executive Committee_EN End of Inside Information |
Language: | English |
Company: | Bystronic AG |
Giesshübelstrasse 45 | |
8045 Zürich | |
Switzerland | |
Phone: | +41 79 637 46 33 |
E-mail: | investor@bystronic.com |
Internet: | ir.bystronic.com |
ISIN: | CH0244017502 |
Valor: | A117LR |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1826295 |
End of Announcement | EQS News Service |