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Martin Folini to replace Daniel Lippuner as Saurer Group’s CEO

Martin Folini, current CEO of the Group’s largest Business Unit, will have a double role in the company after becoming a Group CEO in parallel to his current position.

27th March 2015

Innovation in Textiles
 |  Wattwil

Industrial, Clothing/​Footwear

Daniel Lippuner, the CEO of the Saurer Group, a leading textile industry group, is handing over his post to Martin Folini after two years in this role, for personal reasons.

Based on an agreement between the Board of Directors and Daniel Lippuner, Martin Folini takes over as the CEO of the Group, and Daniel Lippuner stays on board until the end of April to support a transition.

“I have been with Oerlikon/Saurer for nine years. I have very much enjoyed working with the new Saurer, the employees are great and I am confident that I leave Saurer in good hands,” said Daniel Lippuner. “Martin Folini has so much knowledge about the industry and technology; it makes him the right person to drive the growth strategy and the innovation pipelines.”

Transition process

Martin Folini, current CEO of the Group’s largest Business Unit (Schlafhorst Zinser), will have a double role in the organization after May, taking on the challenge of being Group CEO in parallel to his current function as BU CEO.

“We sincerely appreciate the passion and commitment Daniel Lippuner has shown during the last years, resulting in an excellent top and bottom line performance of the Saurer Group,” commented Pan Xueping, Chairman of the Board of Saurer and Owner of the Jinsheng Group.

“Daniel Lippuner had agreed to support Martin Folini in the start phase ensuring that all the projects that he has so successfully been driving will continue enabling Saurer Group achieving its vision.”

New Saurer CEO

The new Saurer CEO Dr Martin Folini has in-depth knowledge of the textile industry from his more than 15 years of experience. He graduated from the Swiss Federal Institute of Technology (ETH) Zurich in 1990 with a PhD. He then worked for Rieter for more than 15 years, of which seven years as the CEO of Spun Yarn Systems and six years as Head Manufacturing & Procurement.

Since 2010, he was the CEO of Pfiffner Group, a leading supplier of efficient, high precision, automatic industrial machines. In November last year he joined the Saurer Group as he was appointed CEO of the Business Unit Schlafhorst Zinser.

Since then Martin Folini has driven organizational changes in the Business Unit in re-arranging the product lines to focus on customer needs. The new organization will allow him to divide his time between the Business Unit and the Group management.

www.saurer.com

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