Schindler : Chief Technology Officer to be appointed as member of the Group Executive Committee
April 13, 2015 at 11:41 am EDT
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Karl-Heinz Bauer joins Schindler as Chief Technology Officer (CTO) on June 1, 2015 and will report to the CEO, Silvio Napoli. He has had a long and successful career in leading technology functions in the automotive industry managing multi-site engineering and Research and Development organizations internationally. He joins Schindler from Honeywell Transportation Systems where he has been CTO since 2007. He has previously held leading positions in Borgwarner, Porsche and Robert Bosch. Karl-Heinz Bauer holds a Master's Degree in Mechanical Engineering from the University of Karlsruhe in Germany.
Schindler has for many years been at the forefront of new technology developments in the industry and the appointment of the CTO to the Group Executive Committee reflects the commitment of the Group to continue to drive innovation and product excellence.
As a consequence, the Group Executive Committee will as of June 1, 2015 be composed as follows: Silvio Napoli (CEO), Erich Ammann, Karl-Heinz Bauer, David Clymo, Paolo Compagna, Carlos Guembe, Albert Haffert, Thomas Oetterli, Miguel A. Rodriguez and Oswald Schmid.
Schindler Holding AG is a Switzerland-based holding company that specializes in the manufacture of escalators, elevators and moving walks. It operates globally within one main segment: Elevators and Escalators. The Elevators and Escalators segment provides a range of elevators for different applications, including freight and special elevators, high-rise elevators, residential elevators and commercial elevators. It also offers commercial and public transport escalators, as well as inclined and horizontal moving walks. It's affiliated company, ALSO Holding AG, which provided information and communications technology and consumer electronics in the wholesale and logistics sectors, was disposed during 2011 and merged with Actebis GmbH, forming ALSO-Actebis Holding AG. In June 2014, closed the real estate development project Mall of Switzerland (formerly EbiSquare) together with Halter AG and sold its stake in EbiSquare AG to Halter AG