Rieter

A leading global supplier for textile machinery and components used in short-staple fiber spinning

A leading global supplier for textile machinery and components used in short-staple fiber spinning

The global provider of components for all spinning processes

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10/29/2003 - Changes of personnel in Rieter's Group Executive Committee

Hans Rudolf Widmer, who has been a member of Rieter's Group Executive Committee since 1991, will hand over his responsibilities as Chief Financial Officer (CFO) of the Rieter Group to Urs Leinhäuser as of January 1, 2004. Until his retirement at the end of 2004, Hans Rudolf Widmer will head the Automotive Systems Division's Eastern Europe location project and be responsible for that division's two engineering units, Idea Institute and Tooling (Czech Republic).

Urs Leinhäuser has been a member of Rieter's Group Executive Committee and Group Controller since April 1, 2003. As of January 1, 2004, he will - in addition to his future responsibilities as Chief Financial Officer - also become Head of the Corporate Center, a function that is currently still being performed directly by Hartmut Reuter, Chief Executive Officer of the Rieter Group.

As Chief Financial Officer, Hans Rudolf Widmer has for more than a decade played a prominent part in shaping the image of Rieter vis-à-vis the business and financial communities as well as the general public. The Board of Directors and the Group Executive Committee want to take this opportunity to thank Hans Rudolf Widmer for the successful work he has done over many years as a member of Rieter's Group Executive Committee.

The Rieter Group operates internationally, developing and producing sophisticated systems solutions for the automotive and textile industries. In the 2002 financial year Rieter generated sales of 2 976 million CHF with 12 983 employees worldwide. The Textile Systems Division accounted for 1 108 million CHF and the Automotive Systems Division for 1 848 million CHF of this total.

Urs Leinhäuser   CV (English/PDF/13 KB)

Hans Rudolf Widmer  CV (English/PDF/13 KB)

 
Contact for the media:


Peter Grädel
Corporate Communications
Phone +41 52 208 70 12

Fax      +41 52 208 72 73
 media@rieter.com