Sulzer, Ltd. announced that Daniel Bischofberger will join company from ABB on or before September 1, 2016, to become the President of Sulzer's Rotating Equipment Services division. Daniel Bischofberger spent most of his career at ABB, where he most recently ran the Central and Southern Europe hub business unit and the Switzerland local business unit for high voltage. Daniel Bischofberger has extensive experience in rotating equipment service, having previously run a USD 1.5 billion gas turbine service business for more than five years. Daniel Bischofberger will become a member of Sulzer's Executive Committee. Peter Alexander, currently President of the Rotating Equipment Services division, has decided to retire and will step down at the end of August 2016. Frederic Lalanne joins Sulzer from General Electric (GE) to helm the newly created Chief Commercial and Marketing Officer position. Frederic Lalanne was most recently the CCMO for GE Grid Solutions, Fabrice Billard, currently Chief Strategy Officer, has elected to leave Sulzer to pursue other opportunities The CSO position will be discontinued and the SFP team will report directly to the CEO. Fabrice Billard will leave the company on July 31, 2016.