SIG Combibloc Group AG Announces Management Changes
August 31, 2020 at 01:00 am EDT
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SIG Combibloc Group AG announced that Markus Boehm, Chief Market Officer and member of the Group Executive Board, has decided to leave the company at his own request in view of upcoming organizational changes. Certain responsibilities of the Chief Market Officer will be devolved to the regional heads in Europe, Asia Pacific and the Americas, while the remainder will be redistributed to other members of the Group Executive Board. Ian Wood, currently Chief Supply Chain Officer, will become Chief Technology Officer and, in addition to his current responsibilities, will assume leadership of the global technology and R&D functions. Samuel Sigrist, Chief Financial Officer, will assume overall responsibility for commercial operations, including filler investments and solutions pricing, in addition to his current responsibilities. Consequently, the number of Group Executive Board members will be six instead of seven. These changes are effective from 1 September 2020. In an unrelated development Martin Herrenbruck, President & General Manager Europe, has decided to take up a position outside SIG and will leave the company at the end of 2020.
SIG Group AG is a Switzerland-based company engaged in the containers and packaging industry. The Company manufactures aseptic carton solutions for beverage and liquid food products, ranging from juices and milk to soups and sauces. The Company's product offering consists of aseptic carton packaging filling machines, aseptic carton packaging sleeves, spouts and caps, as well as after-market services. The Company's machinery is automated with software solutions, such as Efficiency Control System (ECS) and Line Monitoring System (LMS). In addition, the Company provides consulting services, ranging from market analysis and product design to the installation, start-up and maintenance of the filling equipment, food safety consulting and continuous improvement of production facilities and processes. The Company is globally active, with operations in the Americas (AM), Europe (EU), Middle East and Africa (MEA), and Asia-Pacific (AP).