Dornbirn, Austria – Zumtobel Group can finalize the realignment of the Executive Board even faster than announced. Thomas Tschol will take over the function of the Chief Financial Officer. After the nomination of Alfred Felder only on 1 February 2018 to become the Acting President of the Executive Board, the Supervisory Board has now unanimously decided to entrust Thomas Tschol with the function of the CFO.
Thomas Tschol is taking over the position seamlessly from Karin Sonnenmoser and will start in March, in order to act as CFO formally from 1 April 2018.
Being born in Vorarlberg, the experienced CFO and manager, who mainly worked in international companies is going back home. Tschols last position was CFO for over four years at Mayr-Melnhof Holz, a company which has successfully implemented a complex reorganisation.
On behalf of the Supervisory Board the Chairman, Jürg Zumtobel, says: “We are delighted to have Mr. Tschol, a top manager with the optimal competence profile, on board. After the turmoil, the course has now been set and the permanently established Executive Board is dedicated to the important tasks: strategy and restructuring, bringing stability and growth to all stakeholders.”
Thomas Tschol explains: “I have accepted this task with great joy. I look forward to working with the members of the Executive Board and the employees. The substance of this traditional and highly innovative industry leader makes me confident. Together we will quickly implement a sustainable turnaround.”
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