OC Oerlikon has brought in new Delegate of the Board of Directors and acting Chief Executive Officer, Hans Ziegler to replace Dr. Uwe Krüger who has been in the role since May 2007. This change comes amid OC Oerlikon’s semiannual results, which report sales and order depletion in the first half of 2009.
The Chairman of the Board of Directors Vladimir Kuznetsov said, “OC Oerlikon’s sales fell by 40% and order intake by 39% in the first half of 2009 compared to H1 2008 amid an economic downturn of unprecedented proportions. The company urgently needs to secure coordination of strategic portfolio decisions with operational measures of OC Oerlikon’s businesses. The announced management change ensures the alignment of the company’s strategy with the interests of all stakeholders.”
Ziegler earned a degree as business economist (KSZ) and completed a post-graduate course in business administration and IT information technology at TCU in Dallas-Fort Worth, USA. He is Chairman of the Board of Swisslog Holding AG, Buchs, and Schlatter Holding AG, Schlieren, as well as a member of the Board of Directors of Elma Electronics AG, Wetzikon and Charles Vögele Holding AG in Pfäffikon Schwyz.
Hans Ziegler has served on the board of directors at Oerlikon since 2008 and will now perform the duties of CEO until the Board of Directors selects a CEO among internal and external candidates.