The Board of Directors of the Elma Electronic Group announced the appointment of Fred Ruegg as new CEO effective September 1, 2013. Fred succeeds Stephan Buergin, who died in a fatal accident at the end of June 2013. Prior to being named CEO, Fred Ruegg was president of Elma Americas, responsible for the three Elma companies in the Americas region, as well as for the UK and French Group companies.

He was also a member of the Group Executive Board (GEB). He will continue in his role in the GEB along with CFO Edwin Wild, and retain responsibility for the Americas region and selected EMEA countries.