Michael Streicher, currently President Pumps Equipment division, will step down from the Executive Committee to assume his new responsibilities as Global Head, Water Pumps Business, a business with sales of approximately CHF450 million. In his new role, Michael will report to Frédéric.
The functional sales responsibilities will be eliminated from the CCMO role, which will be renamed Head of Group Business Development, a non-Executive Committee role encompassing Strategy, Marketing, Digitalization and the newly attached M&A function which previously reported to the CEO. Jonathan Lloyd, currently head of Business Development for Rotating Equipment Services, will become Head of Group Business Development, reporting to the CEO.
All three above appointments become effective on January 1, 2019.
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Sulzer AG published this content on 12 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 December 2018 06:04:06 UTC