Breaking News

Oerlikon CEO Michael Buscher to leave the group

March 14, 2013

CFO Jürg Fedier appointed interim CEO.

The board of directors of the Oerlikon Group announced that CEO Dr. Michael Buscher will leave the company. The board has appointed CFO Jürg Fedier interim CEO with immediate effect.

Michael Buscher, who led the Oerlikon Group through a phase of comprehensive restructuring since joining the company in 2010, has played a key role in the success of the company, said the board of directors in a statement and thanked Buscher for his significant and lasting contributions.

The board has appointed CFO Jürg Fedier interim Group CEO with immediate effect. Jürg Fedier, who was instrumental in the group’s restructuring and 2012 refinancing, has been an executive committee member and Oerlikon CFO since 2009. 

“The board of directors wishes Michael Buscher all the best for the future and has complete confidence in Jürg Fedier to manage the group’s business during this period of transition," says Oerlikon chairman Tim Summers.
  • Latin America: A Region in Flux

    Latin America: A Region in Flux

    Karen McIntyre, Editor||February 2, 2017
    Region looks to recover in 2017 but changes in U.S. trade policy could pose setbacks.

  • Needlepunch Nonwovens Report

    Needlepunch Nonwovens Report

    Tara Olivo, Associate Editor||February 2, 2017
    This versatile technology continues to replace fabrics typically used in automotives, filtration and more.

  • Personal Care  Wipes Market

    Personal Care Wipes Market

    Tara Olivo, Associate Editor||February 2, 2017
    Specialized wipes continue to emerge in this growing segment.