The Board of Directors of Rieter Holding Ltd., Winterthur, has nominated Mr. Norbert Klapper as Chief Executive Officer of the Rieter Group. He will take up his new duties on January 1, 2014, at the latest. After four years with a dual mandate, Mr. Erwin Stoller will then hand over to Mr. Norbert Klapper as CEO and concentrate on the Board chairmanship.
Since his additional nomination as Executive Chairman in 2009, Board Chairman Erwin Stoller focused particularly after the Rieter split on firmly establishing the group’s strategic alignment. These tasks will largely be complete by the end of 2013, so that his dual mandate will no longer be necessary.
Mr. Norbert Klapper, German citizen born 1963, graduated at Darmstadt Technical University and was Assistant Professor at Passau University and Munich Technical University, where he received his Ph.D. in Economics. He then joined Arthur D. Little business consultants, where he became Managing Partner for Production und Logistics. In 2000 he joined the Executive Board of Dürr AG, Stuttgart, with responsibility for the two internationally active divisions – Services and Final Assembly Systems.
In 2005, Mr. Norbert Klapper was transferred to Voith in Heidenheim, Germany. Since 2011, he is Executive Vice President of Voith Turbo, being in charge of the global railway business worth 480 million EUR on an annual basis.
He has accumulated widely based international experience in the machinery and plant engineering industry, as also in the markets important to Rieter.