INTERNATIONAL: The Stadler board has named Markus Bernsteiner as Group CEO with effect from January 1 2023.
He has worked for Stadler since 1999 and is currently Deputy Group CEO, Executive Vice-President of the Switzerland Division and manages the plants in Bussnang and St Margrethen as CEO.
The appointment, which was announced on August 31, means Executive Chairman Peter Spuhler will relinquish the additional position of Group CEO which he returned to on an interim basis in May 2020 when Dr Thomas Ahlburg left owing to different views on strategic and organisational development.
Spuhler will once again concentrate on the position of Executive Chairman, focusing on strategy, mergers & acquisitions, strategic localisation in joint ventures and enhancement of customer care.