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Bystronic Nominates New Board Members with Global Industrial Experience

By Advos

TL;DR

Bystronic gains a strategic advantage by appointing Daniel Bischofberger and Fabrice Billard, leaders with proven track records in global industrial growth and transformation.

Bystronic nominates two new board members with extensive international leadership experience to succeed departing members, with the election scheduled for the 2025 Annual General Meeting in April 2026.

Bystronic's new board appointments bring diverse global experience that strengthens corporate governance and supports the company's mission of advancing industrial technology and digital transformation.

Bystronic's new board nominees include a Swiss CEO who led a stock market listing and a French CEO who transformed a company across three continents.

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Bystronic Nominates New Board Members with Global Industrial Experience

Bystronic has nominated Daniel Bischofberger and Fabrice Billard as new members of its Board of Directors, with the election scheduled for the company's 2025 Annual General Meeting in April 2026. The nominations signal a strategic shift in leadership as the company positions itself for continued growth in the competitive sheet metal processing industry.

Daniel Bischofberger, currently CEO of Accelleron Industries Ltd, brings extensive leadership experience from the international energy industry, having held various roles at ABB Asea Brown Boveri and Sulzer. His background includes successfully leading acquisitions, integration projects, and a stock market listing. As a proven technology and service expert, Bystronic expects him to contribute particularly to the company's systems and service business development.

Fabrice Billard, CEO of Burckhardt Compression, has demonstrated transformational leadership by accelerating growth, improving profitability, and optimizing processes at his current company. Prior to Burckhardt, he spent 12 years in leadership roles at Sulzer, gaining extensive international experience across various industries and markets. His operational expertise is expected to benefit Bystronic's global expansion efforts.

"With Daniel Bischofberger and Fabrice Billard, we gain two strong leaders whose experience in the global industrial environment perfectly match our needs," said Dr. Heinz O. Baumgartner, Chairman of the Board of Directors. The new nominees would succeed Dr. Matthias Auer and Urs Riedener, who are stepping down after many years of service to the company.

The board nominations come at a critical time for Bystronic as the company navigates an increasingly complex global manufacturing landscape. As an international leader in sheet metal processing technology and innovation, Bystronic faces challenges including market conditions, currency fluctuations, and geopolitical uncertainties mentioned in their forward-looking statements. The company's corporate governance page provides additional information about current and nominated board members.

This leadership transition matters because board composition directly influences corporate strategy and resilience in volatile markets. Bystronic's focus on digital transformation through its software division and expansion of global services requires directors with proven international experience and technological expertise. The nominations suggest Bystronic is strengthening its governance to better navigate industry challenges while pursuing growth opportunities in its more than 30-country market presence.

Curated from NewMediaWire

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