Elisabeth Pataki takes over as CFO at Comet Group

Media Release

Flamatt, Switzerland - July 20, 2020

Elisabeth Pataki takes over as CFO at Comet Group

Elisabeth Pataki to take over the vacant position of Chief Financial Officer on October 1, 2020 and will thus strengthen the Comet Group Executive Committee. Kevin Croftonto join Comet as CEO from September 1, 2020.

Elisabeth Pataki is a finance executive with over 17 years of deep international experience gained at various listed and privately held companies. Elisabeth Pataki began her career at Boston, Massachusetts based Raytheon Company (now Raytheon Technologies), a major U.S. aerospace and defense contractor where she held positions of increasing responsibility at several of Raytheon's business segments and global headquarters in diverse geographic locations. She led the financial planning and analysis team for a California- based reportable segment of the company. Prior to that role, in 2008, she became the CFO for the Paris based NATO Business Line, part of the Thales Raytheon Systems joint venture between the Thales Group and Raytheon Company.

Elisabeth Pataki is experienced in various financial disciplines, including mergers, acquisitions and integration, and led the financial integration of Silicon Valley based Applied Signal Technologies, one of Raytheon's largest acquisitions in 2011. In 2015, Elisabeth joined Swiss based EF Education First, a leading provider of educational travel and language training, as CFO, North America where she focused amongst others on international tax strategy before assuming the role of Global Head of Internal Audit in 2019 at the company's headquarters in Zurich.

Elisabeth Pataki is American and lives in Switzerland. She graduated with a Bachelor of Science degree in Finance and Spanish from the Carroll School of Management at Boston College in Chestnut Hill, Massachusetts. She also holds a Master of Business Administration with a concentration in Finance from The Wharton School of the University of Pennsylvania.

"We are delighted to have found in Elisabeth Pataki a personality with international experience as CFO who is well versed in all areas of finance," says Chairman Heinz Kundert. "Together with the existing executive team and Kevin Crofton, who will now already take over as CEO on September 1, 2020, she completes the Executive Committee, which will continue to drive forward the execution of our focus strategy."

Contacts

Media Ines Najorka VP Group Communications T [phone] [e-mail]

Investors / Analysts Ulrich Steiner VP Investor Relations & Communication T [phone] [e-mail]

Key dates

August 13, 2020

Publication of half-year results

Comet Group The Comet Group is a globally leading, innovative technology company based in Switzerland with a focus on plasma control and x-ray technology. With premium high-tech components and systems, we enable our customers to both enhance the quality of their products and make their manufacturing more efficient and eco-friendly. Our innovative solutions are in demand in the semiconductor and electronics market, the aerospace and automobile industry and in security inspection. Headquartered in Flamatt, Switzerland, the Comet Group has a presence in all world markets. We employ about 1,300 people worldwide, including approximately 500 in Switzerland. Besides production facilities in China, Denmark, Germany, Switzerland and the USA, we maintain various other subsidiaries in the USA, China, Japan and Korea. Comet (COTN) is listed on the SIX Swiss Exchange.

Media Release (PDF)

Provider		Channel		Contact
EQS Group Ltd., Switzerland switzerland.eqs.com		newsbox.ch www.newsbox.ch		Provider/Channel related enquiries [e-mail] [phone]