Switzerland based and textile machinery manufacturer, Saurer Group said it has named Dr Martin Folini as CEO of two of its biggest subsidiaries - Schlafhorst and Zinser.
Dr Folini graduated from the Swiss Federal Institute of Technology (ETH) Zurich with a PhD and will take over the position of CEO from November 1, 2014.
He has over 15 years of experience in the textile industry having worked at Rieter, first as Head of Manufacturing and Procurement and then as CEO of Spun Yarn Systems.
Since 2009, he has successfully lead as CEO, Switzerland based Pfiffner Group, a leading supplier of efficient, automatic high precision industrial machines.
Saurer also said that Jan Röttgering will take over the position of General Manager of Rotor Spinning within the business unit, allowing a higher focus on individual product lines.
With annual sales around CHF 1.2 billion and 3,800 worldwide employees, Saurer Group mainly specializes in machinery and equipments for yarn processing.
Saurer has in its fold various renowned textile machinery brands like Schlafhorst, Zinser, Allma, Volkmann, Jintan, Saurer Embroidery, Accotex, Daytex, Fibrevision, etc. (AR)