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Schindler CEO abruptly resigns

Schindler CEO abruptly resigns


Schindler CEO abruptly resigns

Chairman Silvio Napoli will also take over as CEO, with immediate effect. The elevator and escalator manufacturer expects more flexibility from this dual function.

Schindler CEO Thomas Oetterli.

Photo: Manuela Jan Koch (Epicon, November 12, 2021)

Schindler’s CEO is stepping down – with immediate effect. Elevator and escalator manufacturer Lucerne’s board of directors and CEO Thomas Oetterli have agreed that Oetterli will resign from his position, according to a statement released Friday night. Its chairman, Silvio Napoli, who was already CEO of Schindler between 2014 and 2016, is now taking over the position again with immediate effect in addition to the presidency. Paolo Compagna, Executive Vice President, will become Director of Operations. Minolf Paul succeeded him as the person in charge of the “Northern Europe” region.

As a spokeswoman said upon request, Silvio Napoli should not only take on the role of CEO temporarily. Rather, it is a medium-term solution for the next two to three years. “By integrating the CEO and VRP functions, we expect more flexibility in the management structure,” the spokeswoman said. Silvio Napoli’s statement in the press release should also be understood against this background: “The diverse challenges that arise from an increasingly complex environment require the highest level of organizational flexibility and efficiency. After Thomas exits the Executive Board, we will streamline the organization so that we can address the shortcomings in our ability competitiveness more quickly, in line with the objectives of Top Speed ​​23.”

According to reports, the fact that Atterly He will soon take over the chairmanship of the board of directors of the Swiss eastern technology group SFSIt has nothing to do with the decision. Oetterli himself can be quoted in the statement as follows: “After twelve years on the Executive Board and six years as CEO, it is time to transfer operational management.”

In a statement from Schindler, Silvio Napoli thanked Otterelli: “On behalf of the Board of Directors and the Schindler staff, I would like to thank Thomas for his tireless commitment and contribution to our success and growth over his 28 years with the company. We look forward to continuing to work with him as an advisor to the Oversight and Strategy Committee.”

There was a sudden change before

The delivery is reminiscent of 2016, when Schindler held a briefing briefing in mid-January. There shepherd Alfred N. Schindler resigned. CEO Silvio Napoli moved to the presidency and Thomas Utterly assumed the operational management of the elevator factory.

So it is very likely that Oetterli will now be promoted to Group Strategic Management. This is supported by the fact that he is still on the Board of Directors as an advisor to the Oversight and Strategy Committee. However, the immediate change in leadership speaks against this. (i / rom)