Markus Nikles has been appointed as the new Chief Financial Officer (CFO) of Meyer Burger
May 04, 2022 at 10:18 am IST
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Meyer Burger Technology AG / Key word(s): Personnel
Markus Nikles has been appointed as the new Chief Financial Officer (CFO) of Meyer Burger
04-May-2022 / 06:45 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Meyer Burger Technology AG has appointed Markus Nikles to the Executive Board as the new Chief Financial Officer (CFO). He will assume his position on 1 September 2022.
The Swiss national, Markus Nikles (born in 1972 in Interlaken) is a result-orientated CFO with an international track record. As CFO in the Meyer Burger Group, he will be responsible for the fields of finance, controlling, IT, risk management, internal control system and investor relations.
For more than 20 years, Markus Nikles has gained prior experience within leading positions in the field of finance with the Swiss Bühler Group, working in Switzerland, the US, Germany and China. He has vast knowledge of financial management within major international companies, group and project controlling, liquidity planning, cash pooling and net working capital management.
In 2005, Markus Nikles obtained an Executive Master of Corporate Finance (EMCF) at the IFZ, Institute of Financial Services Zug (Switzerland). Before that, he graduated from University of Applied Science Chur (Switzerland) with a degree in Business Administration.
Chairman of the Board of Directors, Franz Richter: ?In Markus Nikles, we have been able to recruit a CFO with roots in Switzerland but who also has personal knowledge of the US, Germany and Asia. His extensive professional experience in an international industrial group, his in-depth expertise and his pragmatic attitude are very valuable assets with regard to the further growth phase of our company.?
Until the new CFO assumes his position, his responsibilities will continue to be shared among the other members of the Executive Board. The former CFO, Nathalie Benedikt, left the company at the end of March 2022 for personal reasons.
Meyer Burger Technology AG is a Switzerland-based company operating as a holding entity of the Meyer Burger Group, engaged in systems and processes based on semiconductor technologies. The Company mainly focuses in photovoltaics (solar industry) but also covers important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The range of systems, production facilities and services along the value chain in photovoltaics encompasses wafers, solar cells, solar modules and solar systems. The Company operates across three continents, as well as provides service network with replacement parts and expendables, consumables, re-grooving services, process know-how, maintenance and customer service, training and other services. The Company established itself as an international brand by offering precision products and technologies. It operates Muegge GmbH as a wholly owned subsidiary.