Technical Absorbents
Techtextil Frankfurt

Free membership

Receive our weekly Newsletter
and set tailored daily news alerts.

Technology/Machinery

Uster Technologies announces new management organization

Thomas Nasiou will assume the role of CEO and Dr Geoffrey Scott and Philip Mosimann will become Co-Chairmen of the Board of Directors.

31st March 2016

Innovation in Textiles
 |  Uster

Industrial, Clothing/​Footwear

Dr Geoffrey Scott and Philip Mosimann will become Co-Chairmen of the Board of Directors. Koichi Ito joins the Uster Board of Directors succeeding Susumu Toyoda.

Planned transition

Following the announcement made by the company in October last year, Thomas Nasiou will assume the role of CEO for the new financial year starting on 1 April 2016. This follows a planned transition and handover of responsibilities from Dr Geoffrey Scott, who will remain as a member of the Board of Directors, the company reports.

In order to ensure the most effective operation of the Board, the Board of Directors has decided to appoint Philip Mosimann and Dr Geoffrey Scott to the roles of Co-Chairmen.

New CEO

As Head of Textile Technology and a member of the Executive Board, Thomas Nasiou has extensive experience of the textile industry, with Uster’s customers, markets and the company. His experience has been gained working through the value chain from cotton farming, ginning, and spinning and through various roles in Uster.

He has a detailed understanding of the needs of modern textile manufacturers, the company reports. “This background makes him uniquely qualified to take the next step as CEO”, commented Dr Scott. “Thomas Nasiou’s deep textile expertise, knowledge and commitment to Uster and its long term strategy will ensure continuity and stability of the Uster business.”

New management organization

From 1 April, Koichi Ito also joins the Board of Uster Technologies. Koichi Ito is the new Head of the Textile Machinery Division of Toyota Industries Corporation, succeeding Susumu Toyoda, who has been promoted to a new position in Toyota Motor Corporation. Susumu Toyoda will leave the Uster Board as of 1 April.

“The Board of Directors of Uster Technologies and Toyota Industries Corporation are pleased that, with the new management organization, the long term continuity and success of Uster Technologies is secured,” commented Philip Mosimann, Chairman of the Board of Directors of Uster Technologies.

“With Thomas Nasiou a strong internal successor as CEO is in charge, and with the support of Dr Geoffrey Scott as a Co-Chairman, knowledgeable and dedicated leadership continues in the best interest for the company and its customers.”

www.uster.com

Uster Technologies announces new CEO

Latest Reports

Business intelligence for the fibre, textiles and apparel industries: technologies, innovations, markets, investments, trade policy, sourcing, strategy...

Find out more