Industrial Executive & Non-Executive Board Moves in Switzerland

Q4 2025

Board Moves

Barry Callebaut

  • Barry Callebaut is proposing to expand its Board of Directors from eight to ten members at the Annual General Meeting on 10 December 2025 by electing two new directors, Daniela Bosshardt and John Tiefel. Bosshardt is a seasoned Board chair and business leader with extensive experience in healthcare, finance and technology, including as Chair of RepRisk and previous Board positions at Galenica, Vifor Pharma and Nobel Biocare. Tiefel brings deep expertise in FMCG, retail and operations from his long career as a senior advisor at McKinsey & Company and through his Board experience, including at Moser & Cie.

BKW

  • Andreas Rickenbacher will continue to serve on the Board of Directors of BKW as the canton of Bern’s representative after the Cantonal Government (Regierungsrat) of Bern delegated him for another two-year term, extending his current mandate through 2027. Rickenbacher, who has held this role as a mandated Board member since June 2018, is an economist and a former member of the Bern Executive Council, where he served as Director of Economic Affairs from 2006 to 2016, and today works as a management consultant and Board member in various companies.

Bystronic

  • Bystronic has nominated Daniel Bischofberger, CEO of Accelleron, and Fabrice Billard, CEO of Burckhardt Compression, for election to its Board of Directors at the company’s Annual General Meeting in April 2026. Bischofberger and Billard are proposed to succeed Dr. Matthias Auer and Urs Riedener, who are not standing for re-election after many years of service, bringing deep global industrial leadership and transformation experience that aligns with Bystronic’s strategic priorities in technology and services.

Calida

  • At Calida, the Board of Directors intends to strengthen its governance by proposing Caroline Forster and Nicole Loeb for election as additional Board members at the Annual General Meeting on 15 April 2026. Forster is Co-CEO of the internationally active Forster Group in St. Gallen, bringing long-standing operational and strategic leadership in the textile industry, and was previously a member of economiesuisse’s executive committee. Loeb is a seasoned Swiss retail executive, serving since 2005 as Delegate of the Board and Board Chair of Loeb Holding and Loeb AG, and is active in key industry organisations including the Swiss Retail Federation and a regional advisory council of the Swiss National Bank.

Clariant

  • The Board of Directors of Clariant is being streamlined, and five current directors, Roberto Cesar Gualdoni, Geoffery E. Merszei, Dr. Eveline Maria Saupper, Peter Steiner and Konstantin Alfred Winterstein, will not stand for re-election at the 2026 Annual General Meeting on 1 April 2026. This change is intended to align the Board with Clariant’s streamlined operations and address investor concerns about independence, tenure and diversity, with the company planning to propose two new independent Board members to shareholders ahead of the AGM.

Emmi

  • At Emmi, the Board of Directors has proposed appointing Alexander Kühnen to the Board at the Annual General Meeting on 9 April 2026, where he would replace long-serving director Monique Bourquin, who is not standing for re-election. Kühnen, CEO of the German Bahlsen Group since 2023, brings extensive leadership and strategic experience from the international consumer goods sector, which the company says will complement its nine-member Board as it continues to develop its strategic direction.

FINMA

  • Katia Villard, a professor of criminal law at the University of Geneva, has been appointed by the Swiss Federal Council to the Board of Directors of the Swiss Financial Market Supervisory Authority (FINMA) and will take up her mandate on 1 January 2026 for the remainder of the current Board term running through 2027. She succeeds Ursula Cassani Bossy, who is stepping down at the end of 2025, and brings to FINMA deep expertise in commercial criminal law, anti-money-laundering, corruption-fighting and banking and financial market law, and is independent of supervised entities, with no other Board mandates.

Georg Fischer

  • Georg Fischer will propose Ton Büchner for election to its Board of Directors at the 2026 Annual General Meeting on 15 April 2026. Büchner is a Swiss-Dutch dual citizen and veteran industrial leader who has served as Chairman of the Board of Swiss Prime Site since 2020, was Chairman of Burckhardt Compression from 2020 to December 2025, has been a board member of Novartis since 2016, and previously led Sulzer and AkzoNobel.

Graubündner Kantonalbank

  • Michèle Hess has been elected to the Board of Directors of Graubündner Kantonalbank (GKB) by the government of the Canton of Graubünden and will assume her role on 1 April 2026. She was chosen for the term 1 April 2026 – 31 March 2030 based on her extensive experience in banking and finance, including roles in financial services compliance, regulatory advisory and financial supervision, and succeeds Ines Pöschel, who is stepping down at the end of her second term.

Green Group

  • Franz Grüter, long-time Chairman of the Board of Directors of Green Group, has resigned as Board Chairman effective late October 2025 following the company’s acquisition by the IFM Global Infrastructure Fund. Grüter, who helped build Green into a major Swiss data-centre operator since leading its predecessor and then serving as CEO and Board chair, handed the chairmanship to CEO Roger Süess, who has led the company as CEO since 2019 and will now also head the Board as Green enters its next growth phase. Grüter is reported to remain an advisor to the company after his departure.

Helvetia Baloise

  • The Board of Directors has been reconstituted following the merger of Helvetia and Baloise on 5 December 2025 and now includes a broad slate of independent directors with new and adjusted roles reflecting the combined governance structure.
    Dr. Thomas von Planta serves as Chairman, and Dr. Ivo Furrer is Vice-Chairman of the Board. The Board’s composition now features a number of newly elected or continuing independent directors including Dr. Guido Furer, Ernst Christoph Mäder, Dr. Markus R. Neuhaus, Vincent Vandendael and Prof. Dr. Marie-Noëlle Venturi-Zen-Ruffinen, who bring diversified experience from insurance, finance and corporate leadership to the group’s governance. Dr. Thomas Schmuckli, formerly Chairman of Helvetia, continues as a Board member following a role adjustment, while newly elected Chairman Dr. von Planta leads the Board for the combined entity. Hans Künzle and Regula Wallimann left the Board upon completion of the merger, consistent with the integration and Board renewal process under the new Helvetia Baloise Holding structure.

HIAG Immobilien

  • At HIAG Immobilien Holding, Balz Halter, a Board member since 2019 and Vice Chairman since 2021, has informed the company that he will not stand for re-election at the Annual General Meeting on 23 April 2026, as he plans to pursue new directions upon reaching the age of 65.

IWB

  • Claus Schmidt, the current CEO of Industrielle Werke Basel (IWB), has been elected Chairman of the Board of Directors, taking over from Urs Steiner on 1 July 2026 as Steiner steps down for age-related reasons. Schmidt, who has led IWB operationally since 2017, will move into this strategic oversight role to ensure continuity in leadership amid challenges such as the energy transition and potential full opening of the electricity market.

Lonza

  • Barbara Mary Richmond, long-serving Independent Director, will leave the Board at the 2026 Annual General Meeting and not stand for re-election after twelve years of service. Jürgen Bernard Steinemann, currently Independent Vice-Chairman, will also retire from his Board roles across Lonza entities (including Lonza Benelux, Lonza Cologne and Lonza’s main Board) at the 2026 AGM after a twelve-year tenure. As part of structured succession planning, Dr. Claudia Ricarda Süssmuth-Dyckerhoff has been nominated for election as an Independent Vice Chair and member of the Board at the 2026 AGM, with a proposed role on the Remuneration Committee.

Luzerner Kantonalbank

  • The Board of Directors of Luzerner Kantonalbank (LUKB) has proposed electing Bernadette Koch as a new Board member at the Annual General Meeting on 13 April 2026. Koch, a Swiss-certified auditor and experienced Board director with previous leadership at Ernst & Young and multiple current mandates (including vice-chair at Swiss Post and roles at PostFinance, Geberit, Mobimo and Energie Oberkirch), will strengthen LUKB’s audit and governance expertise. If elected, the Board will expand to nine members with a 44% female representation, aligning with the bank’s governance goals and regulatory competencies.

Micro-Macinazione

  • Jürgen Bernard Steinemann will leave his position as a Board member at Micro-Macinazione, a Swiss pharmaceutical micronization and engineering company based in Monteggio, effective May 2026.

Neutrass

  • Edith Müller Loretz has been elected to the Board of Directors of Neutrass, the insurance broker based in Rotkreuz. A seasoned insurance executive, she previously served on the Executive Board of Suva, where she led Human Resources and Occupational Health and was the first woman appointed to Suva’s management in 2019. After almost 30 years with the Lucerne-based insurer, she is now bringing her expertise in digitalisation, customer engagement and innovative insurance solutions to Neutrass as part of its strategic development.

Roche

  • At Roche, Dr. Claudia Süssmuth Dyckerhoff will leave the Board of Directors as she has decided not to stand for re-election at the Annual General Meeting in 2026 after nearly ten years of service. Roche Chairman Severin Schwan thanked her for her contributions, particularly her deep sector expertise and understanding of international markets.

Rolex

  • Rolex has appointed Alexa Aponte-Vega, Chief Financial Officer of MSC (Mediterranean Shipping Company), to its Board of Directors. Rolex itself, known for its reticent communication, did not issue a press release on the change, but the appointment was reported by Swiss media. Aponte-Vega, who comes from one of the world’s leading shipping families and serves as CFO of MSC, joins the Board of the famously private Geneva-based watch group, marking a high-profile addition to Rolex’s governing body.

RUAG International / Beyond Gravity

  • At RUAG International, a planned transition of the Board of Directors is underway as the company sharpens its focus on its space-technology specialist business. Chairman Rainer Schulz, long-time Board member Jürg Oleas (since 2011), and Andreas S. Spreiter (member since 2024) will not stand for re-election at the Annual General Meeting in spring 2026. As part of this transition, the Swiss Federal Council has appointed Daniel Frutig-Meier, 63, as the next Chairman of the Board of Directors. He will join the Board as a regular member following an extraordinary general meeting in December 2025 and formally succeed Schulz as Board President at the 2026 Annual General Meeting. Frutig-Meier brings extensive international leadership experience from CEO and Board chair roles in technology-driven manufacturing companies and is expected to guide the strategic development of RUAG International as it concentrates on its core technology activities.

RUAG MRO

  • Claudia Bidwell was elected to the Board of Directors with immediate effect at the Extraordinary General Meeting on 9 December 2025. Bidwell, currently Chief Human Resources Officer at Implenia, adds strong HR and governance expertise to the Board, drawing on senior roles at Novartis and Takeda, as RUAG continues its role as a key technology partner to the Swiss Army.

SBB

  • The Board of Directors has nominated Anna Barbara Remund for election as a new Board member at the Annual General Meeting on 29 April 2026. Remund, currently Deputy Director of the Federal Office of Transport, where she leads the Infrastructure division, will step down from that role on 31 January 2026 and bring over 25 years of experience in rail operations, infrastructure and governance to the SBB Board.

SGS

  • Long-time Chair of the Board of Directors, Calvin Grieder, who has served on the Board since 2019 and as Chairman since 2020, will step down at the Annual General Meeting on 26 March 2026 after strengthening the company’s governance, Board independence and overseeing a successful CEO succession. The Board has nominated Gilbert Ghostine, currently Chairman of Sandoz and a Board member of Danone and Four Seasons Hotels and Resorts with nearly four decades of global leadership experience, to succeed Grieder as Chairman and Board member and to guide SGS’s ongoing implementation of its “Strategy 27” growth agenda.

SIX

  • At SIX, long-time Board member André Helfenstein, a former CEO of Credit Suisse and seasoned banking executive, will assume the role of Chairman effective 1 January 2026, succeeding Thomas Wellauer, who has led the Swiss financial market infrastructure operator since 2020.

SNB - Swiss National Bank

  • The Bank Council has nominated Martin Hirzel, President of industry association Swissmem, for election to the Bank Council at the Annual General Meeting on 24 April 2026 to fill the seat vacated by Romeo Lacher. Hirzel, a prominent industrial representative, is proposed to take office from 1 May 2026 for the remainder of the 2024 - 2028 term, succeeding Lacher, who stepped down from the Bank Council effective at the SNB’s AGM on 25 April 2025 after serving as Vice President and chairing key committees such as the Compensation and Nomination Committees.

Sportradar

  • Shareholders at an Extraordinary General Meeting on 11 December 2025 elected Breon Corcoran, CEO of IG Group, to the Board of Directors for a term running through the 2026 Annual General Meeting. Corcoran, 54, brings broad leadership experience in technology, digital transformation, and international business from his CEO roles in fintech, online payments, and gaming, including at Zepz, Paddy Power Betfair, and Betfair. His appointment strengthens the Board’s expertise as Sportradar advances its global sports technology strategy.

STMicroelectronics

  • STMicroelectronics is set to update its Supervisory Board at the Extraordinary General Meeting on 18 December 2025. Paolo Visca will leave his role as Independent Board member; he resigned in October 2025. New Appointments (effective upon shareholder approval at the 18 December 2025 meeting) include Armando Varricchio, joining the Supervisory Board, replacing Maurizio Tamagnini, who resigned earlier in 2025, and Orio Bellezza, joining the Supervisory Board, replacing Paolo Visca. These Board changes are part of governance realignment and will run through to terms ending at the 2028 Annual General Meeting.

Swiss Life

  • The Board of Directors of Swiss Life will see changes at the 2026 Annual General Meeting as long-serving directors Henry Peter (since 2006) and Adrienne Corboud Fumagalli (since 2014) will not stand for re-election, marking a planned Board refresh by the Zurich-based life insurer. In their place, the Board has nominated former Swiss Life CEO Patrick Frost, who led the group from 2014 to 2024 and is standing again after a cooling-off period, and entrepreneur Luisa Delgado Deplazes, Chair of the Board of Swarovski and experienced international business leader, to join the governing body to bring fresh strategic and industry expertise. Board Chairman Rolf Dörig will stand for election for one final term through the 2027 AGM before retiring after 25 years with Swiss Life.

Swissquote

  • At Swissquote, Dr. Markus Dennler, who has served on the Board since 2005 and as Chairman since 2019, will step down and not stand for re-election at the 2026 Annual General Meeting as he will reach the company’s age limit in 2026 after a long tenure that saw the firm’s market value grow significantly. The Board plans to propose Hans-Rudolf Köng, who joined the Board in May 2025 and brings deep banking and financial leadership experience, as his successor as Chairman to ensure continuity of governance.

Tecan

  • The Board of Directors is set for a leadership refresh at the Annual General Meeting on 15 April 2026: long-serving Chairman Lukas Braunschweiler, who has led the Board since 2018, will not stand for re-election, and the Board will nominate Matthias Gillner, the current Vice-Chairman, as its new Chairman. Gitte Pugholm Aabo will also be proposed for election as a new independent Board member, bringing experience as former President and CEO of the Hearing business at GN Store Nord and a strong financial and leadership background to support Tecan’s governance going forward.

u-blox

  • As part of the company’s transition following the completion of its acquisition by Advent International’s subsidiary ZI Zenith in November 2025, several long-serving independent directors, Ulrich Jakob Looser, André Müller, Fabian Rauch, Karin Sonnenmoser, Markus Borchert and Elke Eckstein, will leave the Board of Directors in 2025, exiting their roles ahead of the company’s shift to private ownership and planned delisting from the SIX Swiss Exchange. Shareholders at the Extraordinary General Meeting in October 2025 approved a reconstituted Board structure aligned with the takeover, electing Claudio Simão as Chairman alongside Ronald Ayles and Bernhard Spetsmann as Board members, with these appointments to take effect contingent on the completion of Advent’s public tender offer. Dr. Stephan Zizala, former CEO, is also slated to join the Board as a member, effective 2026, reflecting continuity between the leadership transition and the new ownership phase.

UBS

  • Lukas Gähwiler will retire as Vice Chairman of the Board of Directors and will not stand for re-election at the April 2026 AGM after a 45-year career in banking, including leadership roles across UBS and as the final Chairman of Credit Suisse during its integration into UBS. Markus Ronner, UBS’s long-time Group Chief Compliance and Governance Officer and member of the Group Executive Board, is set to be nominated as the new Vice Chairman of the Board at the 2026 AGM, bringing decades of governance, compliance and risk-control experience to the role.

 


 

Contact

Dominik Brülisauer
Russell Reynolds Associates
Stampfenbachstrasse 5 | 8001 Zurich | Switzerland
Direct: +41-44-447-30-46
Mobile: +41-79-549-80-28
dominik.bruelisauer@russellreynolds.com

Industrial Executive Moves

ABB

  • ABB announced that Sami Atiya, President of the Robotics & Discrete Automation business area and member of the Executive Committee, will leave the company by the end of 2026 following the planned divestment of the Robotics division to SoftBank Group.

  • Christian Nilsson has been appointed Chief Financial Officer and member of the Executive Committee, effective 1 February 2026, succeeding Timo Ihamuotila, who will step down from the committee at that time and leave ABB at the end of 2026 after ensuring a smooth transition. Nilsson, currently CFO of ABB’s Electrification business area, brings extensive international finance experience from previous senior roles at DSM-Firmenich, TE Connectivity, and GE.

  • Jörg de Graaf joined ABB E-mobility as Chief Financial Officer on 1 November 2025, succeeding CEO Michael Halbherr, who has been serving as both CEO and interim CFO. De Graaf leaves his position as CFO at CM.com to take up the dedicated CFO role at ABB’s EV charging business.

Adecco

  • Adecco has appointed Valentina Ficaio as its new Chief Financial Officer and member of the Executive Committee, effective 1 January 2026, succeeding Coram Williams, who is stepping down to become CFO of an automotive company in Germany. Ficaio, currently Group Senior Vice President of Finance, has held several senior finance roles within Adecco since joining in 2019.

Alpiq

  • Alpiq has announced a leadership change as Lukas Gresnigt, Head of International, will leave the company at the end of 2025 to become CEO of EPEX SPOT, the European short-term power exchange based in Paris.

Also Holding

  • Also Holding has streamlined its Group Management Board from eight to four members, enabling faster, more flexible responses to market and customer demands. CEO Wolfgang Krainz, CFO Andreas Kuhn, and COO Thomas Meyerhans will continue in their current roles, while Jan Bogdanovich assumes new responsibilities as CTO, focusing on areas such as cybersecurity and gaming. Former CTO Ingo Adolphs becomes CIO, and Jorge Gállego, as well as Espen Zachariassen, are leaving the Group Management Board. Tom Brunner, formerly Head of Consumer Business and the only Swiss board member, will leave the company after ten years by mutual agreement.

Amcor

  • Amcor has appointed Stephen R. Scherger as Executive Vice President and Chief Financial Officer, effective 10 November 2025, succeeding Michael Casamento, who will return to Australia to be closer to his family and will remain with the company as an advisor until 30 June 2026.

Aryzta

  • Aryzta’s CEO, Michael Schai, has resigned, effective October 2025, following a joint decision with the Board that a leadership change was in the best interest of the company and its stakeholders. Chairman Urs Jordi, who previously held the dual role from 2020 to 2024, has assumed interim CEO responsibilities to ensure the consistent implementation of the group’s strategy and to restore business momentum.

Ascom

  • Ascom has appointed David Hale as its new Chief Executive Officer, effective 4 February 2026. Hale, an executive with more than 25 years of international leadership experience in the technology and industrial sectors, including five years as CEO of the Guerbet Group and senior roles at General Electric, will succeed Michael Reitermann, who has been serving as interim CEO; Reitermann will step down from the interim role and remain an ordinary member of the Board of Directors.

Bachem

  • Bachem has appointed Anne-Kathrin Stoller as its new Chief Executive Officer, effective 1 January 2026, succeeding Thomas Meier, who will leave the company after more than 30 years, including nearly six as CEO, to pursue a new opportunity outside the group. Stoller, currently Head of Bachem Americas and formerly Chief Marketing Officer, brings deep expertise in business development, sales, and customer relations, as well as a strong scientific background with a PhD in bioorganic chemistry.

Beyond Gravity

  • Beyond Gravity is streamlining its Executive Board from six members to three as part of an organisational realignment. The new leadership team will consist of CEO André Wall, CFO Angelo Quabba, and Oliver Grassmann, who has taken on the role of Chief Operating Officer. At the same time, Chief People Officer Laura-Katrin Seitz is leaving the company, and a phased workforce reduction across 2026 has been announced as part of the broader restructuring.

Clariant

  • Marcelo Lu will join the company in January 2026 as President Designate of Care Chemicals & Americas and become a member of the Executive Steering Committee, succeeding Christian Vang, who is retiring in 2026.

  • Priya Thaman has been confirmed as Chief Human Resources Officer (CHRO) at Clariant, transitioning from Interim CHRO (ad interim since June 2025) to the permanent role as of December 2025. She brings 20+ years of international HR leadership and deep expertise in talent, culture and organisational transformation, built across roles at GE Capital, InterGlobe, and most recently Perfetti Van Melle, before joining Clariant in 2022.

Coop

  • Coop’s Board of Directors has appointed Daniel Hintermann as the new Head of the Trading Division, effective 1 June 2026, succeeding long-time deputy CEO Daniel Stucker, who will transition to strategic projects until his retirement in April 2027. Hintermann, currently Head of Logistics & Production, brings extensive retail and project leadership experience, including major initiatives like the Schafisheim logistics site expansion, and will also serve as Deputy Chair of the Executive Board. His previous role will be taken over by Philipp Wegmüller, a seasoned logistics expert who has driven Coop’s rail freight expansion as head of Railcare, reinforcing continuity and support for the company’s trading formats.

Cremo

  • Ralph Perroud, CEO of Swiss dairy processor Cremo, has resigned with immediate effect after results and outlook for the current financial year fell short of expectations, the Board announced. He will be succeeded on an interim basis by Xavier Monange, Cremo’s Director of Transformation and Governance, who has been appointed CEO ad interim to steer the company’s leadership and turnaround efforts.

DKSH

  • Patrik Grande has been appointed Head of Business Unit Healthcare at DKSH and will join the company’s Executive Committee, effective January 2026; he will report to CEO Stefan P. Butz as part of DKSH’s global leadership team. He succeeds Bijay Singh, who will begin his retirement on 31 March 2026 after eleven years with the company. Grande, currently Vice President, Commercial Outsourcing & Cluster Head APAC, brings over 20 years of experience in the global pharmaceutical industry and has driven growth and strategic development in DKSH’s regional healthcare business since joining in 2022.

EKZ

  • Dirk Mulzer has been appointed Chief Executive Officer of the Elektrizitätswerke des Kantons Zürich (EKZ), succeeding Urs Rengel, who will retire in 2026 after 26 years with the company, including 22 as CEO. Mulzer will take up the role on 1 October 2026, bringing extensive energy sector experience from his current position as Chief Operating Officer, Deputy CEO and Head of Corporate Development at Industrielle Werke Basel (IWB).

Endress+Hauser

  • Endress+Hauser has restructured its Executive Board as part of a generational change and strategic realignment of responsibilities. The Supervisory Board has appointed three new members to the group’s top management: Dr. Mirko Lehmann as Chief Technology Officer, Prof. Dr. Katja Windt as Chief Operating Officer and Helena Svensson as Chief Human Resources Officer. These changes support the planned retirements of current COO Dr. Andreas Mayr and CIO Pieter de Koning in 2026 and realign the Executive Board for a sharper focus on innovation, production, and people strategy.

Energie 360°

  • Jörg Wild has resigned as CEO of Energie 360° with immediate effect after it became public that he had applied for the CEO position at the Elektrizitätswerke des Kantons Zürich (EKZ), a potential buyer of Energie 360°, creating concerns about a conflict of interest during the ongoing sale process. Wild’s deputy and head of the Solutions division, Romeo Deplazes, who has been with Energie 360° for many years and served as Deputy CEO and Solutions Division Leader, has taken over as interim CEO to ensure continuity and objectivity in leadership.

Erne Bauunternehmung

  • Maximilian Nägele has been appointed Managing Director of Erne and joins the Group Executive Board of the Erne Group. Previously serving as Head of the Structural Engineering Division and Deputy Managing Director since early 2024, Nägele has already worked closely with Group CEO Giuseppe Santagada.

Franke

  • Corrado Mura has been appointed Head of the Franke Home Solutions division and will join the Group Management Board of the Franke Group, effective 1 January 2026. He succeeds Barbara Borra, who is retiring after seven years leading the division, and brings extensive international leadership experience from his current role as Vice President for the EMEA region at Franke Home Solutions.

Galenica

  • Barbara Wälchli, who currently serves as General Counsel and Secretary General, has decided to leave the company at the end of 2025 to pursue a new professional challenge, prompting an internal succession. Cécile Matter took over as General Counsel effective 1 November 2025 and will join the extended Executive Committee, bringing nearly six years of in-house legal experience and broad expertise from her previous roles at commercial law firms. Matter’s appointment follows Wälchli’s departure and is part of an internal leadership transition that also sees Jürg Pauli named Secretary General of the Board of Directors.

Garrett Motion

  • Garrett Motion announced the planned retirement of Jerome Maironi, Senior Vice President, General Counsel, and Corporate Secretary, effective 31 March 2026. Maironi will step down from his current positions on 1 October 2025 and remain with the company to ensure a smooth transition.

Groupe E

  • The Swiss energy provider has abruptly ended its collaboration with Chief Financial Officer Willy Zeller, who had served as Director Finance and IT since 2009, the company announced on 22 December 2025. Groupe E said the move is aimed at improving efficiency and better aligning financial and IT functions with the group’s operational goals. Until a successor is appointed, Christophe Grandjean will take over the finance role on an interim basis, and a recruitment process for a permanent replacement is underway.

  • Groupe E has appointed Philippe Curty as General Director of the Technical and Infrastructure Directorate (DTI), a role he has held on an interim basis since April 2025 before being definitively confirmed by the Board. Johann Ruffieux has been named as the permanent Head of the Direktion elektrische Energie (DEL), the division responsible for its electrical energy business, after he had been leading the unit on an interim basis since 23 May 2025.

Gunvor

  • Torbjörn Törnqvist, long-time CEO and co-founder of Gunvor, has stepped down after 25 years and sold his majority stake in the company to a group of current employees in a management-led buy-out. He is succeeded by Gary Pedersen, who joined Gunvor in 2024 as Head of Americas and now takes global leadership as the company transitions to employee ownership and a refreshed governance structure. The move ends Törnqvist’s tenure and marks a strategic reset designed to support Gunvor’s long-term growth and diversification, with no representatives of the Törnqvist family remaining on the board or executive committee following the change.

Hochdorf

  • Hochdorf has appointed Sandro Tichelli as its new CEO, effective 1 January 2026, succeeding Ralph Siegl, who led the company through its spin-off and sale to AS Equity Partners. Tichelli brings extensive senior leadership experience in the international food industry, most recently as Country Manager of Danone Switzerland and member of the Danone DACH executive team, positioning him to drive Hochdorf’s growth and strengthen its global market presence. Oliver Banz, Partner and Head of Portfolio Management at AS Equity Partners, will lead Hochdorf on an interim basis until Tichelli assumes the role.

Inficon

  • Inficon has announced a planned Chief Financial Officer transition: Dimitrij Lisak, currently Corporate Head of Finance & Controlling, will succeed Matthias Tröndle as CFO and join the Group Management, effective 1 July 2026. Lisak joined the company in January 2025 and brings strong financial leadership experience from previous senior roles at Hilti to the CFO position as part of the company’s long-term succession planning. Tröndle, who has served as CFO since 2008, will step down on 30 June 2026 and retire after supporting the handover period.

IVF Hartmann

  • Claus Martini has stepped down as CEO of IVF Hartmann after ten years in the role, with his departure effective at the end of 2025 by mutual agreement. Martini will focus on strategic tasks and board mandates, and the company has initiated a formal succession process. Martin Walther, a member of the Board of Directors, will take over operational leadership as interim CEO from 1 January 2026 while a permanent successor is being sought.

Leclanché

  • Leclanché has announced a Chief Financial Officer transition: Hubert Angleys has left his role as CFO and stepped down from the Executive Committee at the end of his temporary assignment on 30 November 2025. The company is in the final stages of selecting a new CFO.

Medartis

  • Medartis has appointed Dr. Peter Hackel as its new Chief Financial Officer and member of the Executive Management Board, effective 1 January 2026, succeeding Dr. Dirk Kirsten, who has served as CFO since 2021 and will leave the company after a transition period. Hackel brings extensive financial leadership experience from multinational companies across technology and healthcare sectors and joins at a strategic time as Medartis builds on recent acquisitions in arthroplasty and value implants.

Mobilezone

  • Lars Keller has started as Chief Operating Officer of Mobilezone, taking up the role in November 2025. He brings extensive Swiss telecom and sales leadership experience, having previously served as Chief Sales Officer at Salt Mobile and in senior sales roles at Mobilezone and other companies. Keller’s appointment adds operational leadership to Mobilezone’s executive team as the group focuses on its Swiss market and strategic priorities.

Montana Aerospace

  • Effective 1 January 2026, following its repositioning as a pure-play aerospace group after divesting the E-Mobility (November 2024) and Energy (September 2025) segments, Montana Aerospace will move to a single-CEO structure, appointing Kai Arndt as CEO and Patrick Maurer as CFO. Arndt brings deep Aerostructures operational and aerospace programme leadership, having served as Co-CEO and led the Aerostructures segment that is now at the core of the Group’s strategy. Maurer contributes segment-level CFO expertise and continuity, having been with the Group since August 2022 as CFO of Aerostructures, while former Co-CEO/CFO Michael Pistauer will focus fully on his Board role to support the company’s long-term strategic development.

OC Oerlikon

  • Marco Freidl will become Chief Financial Officer of OC Oerlikon, effective 1 November 2025, taking over from Markus Richter, who is leaving the company. Freidl, currently Head of Group Strategy, Business Development and M&A, brings strong experience in corporate finance and capital markets. He will also join Oerlikon’s Executive Committee as part of this transition.

  • Georg Stausberg, who serves as CEO of Oerlikon Barmag, will leave his role in 2025 as part of the planned divestment of the Barmag business to Rieter, a transaction of CHF 713 million expected to complete in Q4 2025. Stausberg has also held roles within the OC Oerlikon organisation, including Chief Sustainability Officer, and will step down from Oerlikon’s Executive Committee in connection with the sale and transition of Barmag to its new owner.

Partners Group

  • Partners Group has appointed Nicholas Smith Wang as Partner and Co-Head of its Private Equity Technology Vertical, effective November 2025. He will co-lead the global technology practice alongside Wolf Scheider, focusing on new investments and value creation initiatives across the software and digital sectors. Smith Wang joins from Warburg Pincus, where he spent 14 years as Managing Director and Partner specializing in technology investments.

  • Partners Group has also announced a series of Executive Committee changes effective 1 January 2026, subject to FINMA approval: Ana Campos, Head of Human Resources, and Anette Waygood, who will become Co-Head of Compliance & Legal and Deputy General Counsel, are joining the leadership team. Sarah Brewer, Head of Client Solutions, and Andreas Knecht, Group General Counsel, will step down from the Executive Committee but remain in senior roles within the firm. In addition, Juri Jenkner, President and Executive Committee member, will take on responsibility for Client Solutions, which will be renamed Business Development going forward.

Pistor

  • The foodservice and bakery supplier Pistor has appointed Silvan Odermatt as Chief Financial Officer (CFO) effective 1 January 2026. Currently Group CFO at Hapimag, Odermatt brings extensive financial expertise and will contribute to driving Pistor’s continued development as a member of the Executive Board. He succeeds Peter Steinmann, who is stepping down from the Executive Board at the end of 2025 after more than 30 years with the company, 12 of them as CFO, and will continue to lead strategic projects to ensure a smooth transition.

Primeo Energie

  • Primeo Energie has appointed Benoît Doin as Head of the Energy Solutions segment and a member of the Executive Management, effective early 2026, succeeding Cédric Christmann, who had served in the role on an interim basis since January 2025. Doin, who has been with Primeo Energie France SAS since 2019 and has served as its Chairman of the Board since 2023, brings additional international energy sector experience from senior roles at EDF and ENEL.

Rieter

  • Rieter has announced a new group structure effective 1 January 2026 in connection with its planned acquisition of the Barmag division from OC Oerlikon. Under the restructuring, the Machines & Systems and After-Sales divisions will be merged, Alexander Özbahadir will lead the new Short-Staple Fiber division, Roger Albrecht will head the Components & Technology division, and Georg Stausberg will continue as Head of the Man-Made Fiber division and join the Group Executive Committee once the acquisition closes. Long-time executive Serge Entleitner will step down from the committee at the end of 2025.

Schindler

  • Hugo Martinho has stepped down from the Group Executive Committee of Schindler, where he was responsible for Human Resources, effective 20 November 2025, to pursue career opportunities outside the company. His departure creates a vacancy in the Executive Committee’s HR leadership, and Schindler has said that his successor will be announced in due course.

Selecta

  • Roland Ludwig, Group Chief Technology Officer at Selecta, is leaving the company at the end of November 2025 as part of broader organisational changes under the new “Selecta 2.0” strategy. The Swiss vending and self-serve retail operator has also eliminated the Chief Commercial Officer role and seen long-serving commercial leader Jan Marck Vrijland depart in January 2026, contributing to an almost completely renewed leadership team. Recent appointments include CEO Venkie Shantaram, who took over in mid-October 2025, and a new CFO Jean-Noël Groleau, who joined three months earlier, as Selecta implements its turnaround and strategic restructuring.

Siegfried

  • Siegfried has announced a planned transition in its finance leadership: Tania Micki will become Chief Financial Officer and join the company’s Executive Committee, effective 1 July 2026, succeeding Reto Suter, who has served as CFO since 2017 and will step down after nine years in the role. Micki joins Siegfried from Tecan, where she has been CFO since 2020, bringing more than 20 years of international finance leadership experience across listed companies and a strong track record in commercial and operational finance roles.

SIG

  • SIG has appointed Mikko Keto as its new Chief Executive Officer, following a comprehensive global search by the Board of Directors and succeeding Anne Erkens, who has been serving as CEO ad interim during the search. Keto is expected to assume the role in the first half of 2026 at the company’s headquarters in Switzerland. Keto, a Finnish national, joins SIG from FLSmidth, where as Group CEO he led a major transformation, including financial and operational restructuring, portfolio optimisation and efficiency programmes that doubled the company’s value.

Sonova

  • Roberto di Fiore has been appointed Group Vice President and Chief Operations Officer of Sonova, effective 4 December 2025, succeeding Ludger Althoff, who is retiring. Di Fiore joins Sonova with over 25 years of international operations leadership experience in the hearing care and technology sectors, having previously held senior roles including COO and President APAC at WSAudiology, as well as leadership positions at Sivantos and Elica Group.

Swatch Group

  • Swatch brand CEO Alain Villard has temporarily stepped down to take a one-year sabbatical for personal reasons, a decision mutually agreed upon earlier this year to allow for a well-planned transition. Effective 1 October 2025, Vivian Stauffer, previously head of the Hamilton brand, has assumed leadership of Swatch. Stauffer, who began his career with the Biel-based watch group in 2002 and successfully led Hamilton’s global development, brings extensive brand management experience and international market expertise to Swatch.

Swissgrid

  • Swissgrid has appointed Daniel Brand as the new Head of the Grid Infrastructure business unit and a member of the Executive Board, effective 1 July 2026. In this role, Brand will be responsible for strategic planning, maintenance and modernisation of the Swiss transmission network, succeeding Adrian Häsler, who will leave Swissgrid at the end of March 2026 after announcing his departure earlier in 2025. Brand joins Swissgrid’s leadership from his current role as Head of Network Operations and member of the Executive Board at BKW Power Grid, where he has overseen strategic direction and operational execution of the distribution network and high-voltage services.

Temenos

  • Panagiotis “Takis” Spiliopoulos, previously Chief Financial Officer of Temenos, has been appointed Chief Executive Officer, effective immediately. He steps into the role after serving as Interim CEO since September 2025 following the sudden departure of former CEO Jean-Pierre Brulard.

u-blox

  • u-blox has been acquired by US private equity group Advent International through its European subsidiary ZI. As part of the transition, current CEO Stephan Zizala will step down at the end of 2025. The company will transition to a co-leadership model, with Camila Japur (CFO) and Andreas Thiel (Head of Business Units and Co-Founder) both assuming the roles of Co-CEOs. Zizala is expected to join u-blox’s future Board of Directors, ensuring continuity and strategic oversight during the company’s next phase of development.

  • Matthias Poppel has been appointed Chief Growth Officer and member of the Executive Committee, effective 27 November 2025, succeeding Helen Xu, who is leaving to pursue new opportunities. Poppel brings more than 25 years of international experience in the semiconductor, IoT and embedded systems industries, including leadership roles at Swissbit, Texas Instruments and other technology firms, and will help drive u-blox’s global growth strategy.

University of Zurich

  • Thomas Sutter, Chief Information Officer of the University of Zurich (UZH), will step down at the end of April 2026 after 11 years in the role and will become Managing Director of the Switch Foundation in May 2026. Since leading the newly established Central IT office from 2014, Sutter has been instrumental in driving UZH’s digital transformation, strengthening IT security, and modernizing infrastructure, including initiatives such as the ScienceIT center, the UZH now app, and the rollout of Microsoft 365 during the pandemic.

 


 

Contact

Dominik Brülisauer
Russell Reynolds Associates
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dominik.bruelisauer@russellreynolds.com