“We sincerely appreciate the passion and commitment Daniel has shown during the last years, resulting in an excellent top and bottom line performance of the Saurer Group,” said Pan Xueping, chairman of Saurer and owner of parent company Jinsheng Group. “We wish Daniel all the best for his future endeavors.”
Folini has in-depth knowledge of the textile industry from his more than 15 years of experience. He graduated from the Swiss Federal Institute of Technology (ETH) Zurich in 1990 with a PhD. He then worked for Rieter for more than 15 years, including seven years as CEO of its Spun Yarn Systems group and six years as head of Manufacturing & Procurement.
In 2010, Folini became CEO of the Pfiffner Group, a leading supplier of efficient, high-precision, automatic industrial machines. He joined the Saurer Group in 2014 as CEO of the business unit Schlafhorst Zinser. He has driven organizational changes in the unit in re-arranging the product lines to focus on customer needs and bringing forth groundbreaking innovations in a faster pace, the company said.
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Dr. Martin Folini (L) and Daniel Lippuner
Posted March 30, 2015
WATTWIL, SWITZERLAND – Daniel Lippuner, CEO of the Saurer Group, is leaving the company for personal reasons, the company announced.
Based on an agreement between the board of directors and Lippuner, he will stay on through April as Martin Folini, current CEO of the company’s Schlafhorst Zinser business group, will take over for Lippuner and maintain duel roles.
Lippuner played a key role in Saurer’s transition process from Oerlikon during his term and in forming the “new” Saurer, the company said.
“I have been with Oerlikon/Saurer for nine years,” Lippuner said. “I have very much enjoyed working with the new Saurer. The employees are great and I am confident that I leave Saurer in good hands. Martin Folini has so much knowledge about the industry and technology. It makes him the right person to drive the growth strategy and the innovation pipelines.”
Lippuner to hand over reigns of Saurer Group to Folini
