Clemens Iller to be the new CEO of SCHMOLZ + BICKENBACH AG

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As from 1 April 2014, the Executive Board of the Swiss listed company SCHMOLZ + BICKENBACH AG (SIX: STLN) is complete again. On this date, Clemens Iller will take over the function of CEO at the top of one of the world’s leading companies for special steel. He will lead the company together with CFO Hans-Jürgen Wiecha, who from the end of December 2013 has been acting as CEO ad interim.

Clemens Iller can look back on a long and successful career in the steel industry. Until the end of 2012 he was CEO of the Stainless Global / Inoxum business area of the German listed company ThyssenKrupp AG, as well as Chairman of the Executive Board of ThyssenKrupp Nirosta GmbH, which under his leadership was sold to Outokumpu group. Thereafter he supervised the implementation of the disinvestment package required by the European Commission.

The Board is pleased to have been able to recruit Mr Iller, a manager with substantial international experience in the steel and stainless steel business, at such short notice. Mr Iller’s extensive management experience with major enterprises in various market situations and strategic development phases, will be of particular importance to SCHMOLZ + BICKENBACH.

The Board expressly thanks Mr. Hans-Jürgen Wiecha for his serious dedication and his commitment to SCHMOLZ + BICKENBACH in his dual functions during this interim period.

With Mr Iller and Mr Wiecha on the Executive Board and accompanied by their international management team, SCHMOLZ + BICKENBACH has paved the way to addressing all current and future challenges. The main objective of the management team, besides on-going operative performance improvement, will be the successful implementation of the approved strategy of the Group. The Board will continue to actively support the management team.


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