Breaking News – Oerlikon group with new CEO and strategy (now with photograph)

Breaking News – Oerlikon group with new CEO and strategy (now with photograph)

The Board of Directors of Oerlikon today announced that it has named Dr. Roland Fischer as Chief Executive Officer (CEO) of the Oerlikon Group, effective March 1, 2016. In line with the new strategic direction to build a global powerhouse in surface solutions and advanced materials, Oerlikon is mandating an experienced senior industry expert with broad expertise in the company’s key industries and markets to execute the strategy. Dr. Brice Koch will leave the company

Dr. Roland Fischer previously held various senior executive positions in the energy and the aviation & aerospace business, including seven years at Siemens AGDr. Roland Fischer and 18 years at MTU Aero Engines AG. Most recently, he was CEO of the Power and Gas Division at Siemens AG – a business that generated EUR 13 billion of sales in 2014. Dr. Roland Fischer holds a degree in Aeronautical Engineering from the University of Stuttgart, Germany and a PhD in Aeronautical Engineering from the University of Karlsruhe, Germany.

Oerlikon’s Chairman of the Board, Prof. Dr. Michael Süss, said: “Roland Fischer brings in-depth expertise in engineering, operational leadership and a remarkable track record in building and growing businesses. His strong leadership skills and extensive experience in the aviation & aerospace and energy markets will be of great value to Oerlikon as we continue to implement our strategy. The Board of Directors is convinced that Roland brings with him the needed competence and qualities to lead the company into this important next phase. I would like to thank Brice Koch for his important contribution. He has led the Oerlikon Group through a phase of important transformations since joining in 2014. We sincerely thank Brice for his efforts and wish him all the best for the future.”

Dr. Roland Fischer said: “Oerlikon enjoys an excellent reputation in the industry, for its engineering, innovations and customer relationships. It has exceptional technologies, leading positions in key growth markets and a promising strategy. I look forward to leading Oerlikon into a new era and to working in a fascinating and future-oriented business.”

The Board of Directors of Oerlikon announced that at its upcoming Annual General Meeting of Shareholders (AGM), taking place on April 5, 2016, it will be proposing to the shareholders to re-elect Gerhard Pegam, Professor Dr Michael Süss and Hans Ziegler. Dr Mary Gresens, Mikhail Lifshitz and Johan van de Steen have decided not to stand for re-election. The Board of Directors thanks these Board Members for their valuable contributions to Oerlikon. The new candidates, who will be nominated for election to the Oerlikon Board of Directors, will be announced with the invitation to the Annual General Meeting.

Oerlikon is a leading global technology Group, with a clear strategy of becoming a global powerhouse in surface solutions, advanced materials and materials processing. The Group is committed to investing in value-bringing technologies that provide customers with lighter, more durable materials that are able to increase performance, improve efficiency and reduce the use of scarce resources. A Swiss company with over 100 years of tradition, Oerlikon has a global footprint of over 13500 employees at more than 170 locations in 37 countries and sales of CHF 2.7 billion in 2015. The company invested CHF 103 million in R&D in 2015 and has over 1350 specialists developing innovative and customer-oriented products and services.

www.oerlikon.com


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