The Chief Executive Officer, together with the Group Executive Board, is responsible for the management of the SFS Group.
Under his leadership, the Group Executive Board addresses all issues of relevance to the Group, takes decisions within its remit and submits proposals to the Board of Directors. The heads of the segments, divisions and corporate cross-functions are responsible for the outline and achievement of their business objectives and for the autonomous management of their units.
At the end of the reporting year, the Group Executive Board consisted of ten (PY nine) members:
As per 1 January 2019, Claude Stadler was elected into the Group Executive Board in his position as Head of the cross-functional Corporate Services. As per 1 July 2019 a change occurd in the position Head of Division Riveting were Urs Langenauer replaced Thomas Bamberger. Additionally the Head of Segment Distribution & Logistics was newly elected as per 1 January 2020. Iso Raunjak succeeds Josef Zünd in this position. In December 2019, SFS announced that CFO Rolf Frei expressed his desire to resign from his position as per Annual General Meeting 2021.
Libracore AG, Member of the BoD since 2019