CFO Samuel Künzli to leave Feintool by the end of March 2024
29 September 2023 - 2:30PM
CFO Samuel Künzli to leave Feintool by the end of March 2024
Ad hoc announcement pursuant to Art. 53 LR
Samuel Künzli will step down as Feintool Chief Financial Officer
and member of the executive board at the end of March 2024 to
pursue a new challenge outside the company. Over the past three
years, Samuel Künzli has played a significant role in the
transformation of the Feintool Group, with a particular focus on
Green Energy, leading to important achievements and milestones.
The board of directors and executive management team at the
Feintool Group extend their gratitude to Samuel Künzli for the
successful collaboration during his tenure and wish him all the
best in his future endeavors. The succession process will commence
immediately.
Alexander von Witzleben, Chairman of the Feintool Board of
Directors, stated: "We regret that Samuel Künzli is leaving our
company. As Chief Financial Officer, he played a key role in
implementing our growth strategy and demonstrated a high level of
expertise both in the acquisition and integration of Kienle +
Spiess in the e-lamination business, as well as the successful
divestment of the capital goods business. Additionally, his
persuasive efforts as a liaison with the capital market have been
valuable to Feintool."
About FeintoolFeintool is an internationally
active technology market leader in the field of fineblanking,
formed steel components and stamped electro sheet metal products.
Cost-effectiveness, superior quality, and high productivity
distinguish these technologies.
As an innovation driver, Feintool continually pushes the
boundaries of these technologies and develops intelligent solutions
to meet its customers’ requirements. Feintool offers innovative
tools and state-of-the-art manufacturing processes for all aspects
of high-volume sheet metal applications in the automotive industry
and other demanding industrial sectors as well as renewable
energies. The processes used support the megatrends of green energy
generation, storage, and application.
Founded in 1959 and headquartered in Switzerland, the company
owns 17 production plants in Europe, the United States, China, and
Japan, ensuring proximity to its customers. Around the globe, about
3,300 employees and over 100 apprentices are at work on new
solutions to create key advantages for customers. Feintool, which
is listed on the stock exchange, is majority-owned by the Artemis
Group.
Feintool International Holding AG Industriering
8 3250 Lyss Switzerland
Media spokesperson Karin Labhart Phone +41 32
387 51 57 Mobile +41 79 609 22 02
karin.labhart@feintool.com www.feintool.com
The press release can be downloaded from the following link:
Press Release (PDF)
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