Bystronic has nominated Daniel Bischofberger and Fabrice Billard as new members of its Board of Directors. They would succeed Dr. Matthias Auer and Urs Riedener, who are stepping down after many years of service. Daniel Bischofberger, CEO of Accelleron Industries Ltd, brings extensive leadership experience from the international energy industry, having held various roles at ABB Asea Brown Boveri and Sulzer. He has successfully led acquisitions, integration projects, and a stock market listing, and as a technology and service expert, he shows particular interest in Bystronic's systems and service business.
Fabrice Billard, CEO of Burckhardt Compression, successfully led that company's transformation by accelerating growth, improving profitability, and optimizing processes. Prior to Burckhardt, he spent 12 years in leadership roles at Sulzer, gaining extensive international experience across various industries and markets. Dr. Heinz O. Baumgartner, Chairman of the Board of Directors, stated that with these two leaders, the company gains experience in the global industrial environment that perfectly matches its needs, while also expressing gratitude to the departing members for their valuable contributions.
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 and nominated Board members is available on Bystronic's website. This board transition matters because it positions Bystronic with leaders who have proven track records in technology, service, and international industrial transformation at a time when the company is focused on digital transformation and global expansion in sheet metal processing technology.
The implications of this announcement extend to Bystronic's strategic direction, particularly in systems, service business, and digital transformation initiatives. Both nominees bring cross-border experience having worked in multiple countries including the US, Malaysia, Switzerland, Singapore, and the Netherlands, which aligns with Bystronic's international operations serving customers in more than 30 countries. Their backgrounds in leading successful transformations and integration projects suggest Bystronic may be strengthening its board to navigate complex global industrial markets, optimize processes, and drive growth in an increasingly competitive technology landscape.
