Bystronic Nominates New Board Members with Global Industrial Technology Expertise
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 has nominated Daniel Bischofberger and Fabrice Billard as new members of its Board of Directors, with both executives bringing extensive international leadership experience in industrial technology and transformation. The nominees would succeed Dr. Matthias Auer and Urs Riedener, who are stepping down after years of service to the company. Daniel Bischofberger, currently CEO of Accelleron Industries Ltd, has held various leadership roles at ABB Asea Brown Boveri and Sulzer, with experience spanning the United States, Malaysia, and Switzerland. His background includes successfully leading acquisitions, integration projects, and a stock market listing. As a proven technology and service expert, he has expressed particular interest in Bystronic's systems and its service business.
Fabrice Billard, CEO of Burckhardt Compression, successfully led that company's transformation by accelerating growth, improving profitability, and optimizing processes. Prior to his current role, he spent twelve years in leadership positions at Sulzer, gaining extensive international experience across various industries and markets while working in Switzerland, Singapore, and the Netherlands. "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. "We look forward to their ideas and input. We also want to express our sincere gratitude to Dr. Auer and Mr. Riedener for their many years of service and their extremely valuable contributions during that time."
The election will take place at Bystronic's 2025 Annual General Meeting in April 2026, with the date and location to be announced soon. Additional information about the current Board members and those nominated for election is available on Bystronic's website. The nominations come as Bystronic continues to position itself as an international leader in sheet metal processing technology and innovation, offering advanced laser cutting systems, press brakes, and intelligent automation solutions supported by global services. The company's focus on digital transformation through Bystronic Software aligns with the incoming board members' backgrounds in technology and industrial transformation.
With headquarters in Switzerland and additional development and production facilities in Germany, Spain, Italy, China, and the United States, Bystronic serves customers in more than thirty countries through its own subsidiaries and a network of dealers and agents. The board changes reflect the company's ongoing strategic evolution in a competitive global industrial technology market. These appointments signal Bystronic's commitment to strengthening its leadership with executives who have proven track records in managing complex international operations and driving technological advancement. The timing of these nominations coincides with the company's expansion efforts across multiple continents and its emphasis on digital solutions for industrial clients.
The incoming board members' experience with acquisitions, integration projects, and corporate transformations suggests Bystronic may be preparing for further strategic moves in the industrial technology sector. Their international backgrounds spanning Asia, Europe, and North America align with Bystronic's global footprint and customer base. The transition comes at a critical juncture as industrial companies worldwide accelerate digitalization and automation initiatives. Bystronic's focus on intelligent automation solutions and global services positions it to capitalize on these trends, with the new board members' expertise likely to influence the company's strategic direction in coming years.
Curated from NewMediaWire
