PRESS RELEASE

from Dormakaba Holding AG (isin : CH0011795959)

Christian Baur appointed President Key & Wall Solutions and OEM and Chief Transformation Officer

dormakaba Holding AG / Key word(s): Personnel
Christian Baur appointed President Key & Wall Solutions and OEM and Chief Transformation Officer

18.11.2024 / 18:00 CET/CEST


Rümlang, 18 November 2024 – dormakaba announces that Christian Baur will join dormakaba Group’s Executive Committee as President Key & Wall Solutions and OEM as well as Chief Transformation Officer effective 1 January 2025. As President Key & Wall Solutions and OEM, he follows Stefano Zocca who after over 13 years of tenure has decided to leave the company to pursue new professional opportunities. Additionally, in the newly created role of Chief Transformation Officer, Christian will drive the execution of the dormakaba’s transformation initiatives to elevate the company’s performance. Introducing this role at the top leadership level highlights the company’s commitment to transformation and execution.

Says Till Reuter, CEO dormakaba: “I am pleased to welcome Christian to dormakaba and work with him again. I am confident that under his leadership, our business segment Key & Wall Solutions and OEM will continue to contribute significantly to our profitable growth going forward. At the same time, adding a Chief Transformation Officer to our leadership team is another important step forward in our ongoing shift from Shape to Growth as part of our enhanced strategy. He will ensure continued focus on the stringent execution of our transformation initiatives to elevate our performance and reduce complexity.”

Christian Baur (54) has an extensive track record of transforming companies across various industries, with deep expertise in operational excellence, corporate development, change management, and digital and automation solutions. Since 2022, he has served as Chief Technology Officer of Hörmann Industries GmbH, a broadly diversified international group, and leads its Hörmann Intralogistics and Digital divisions. Before joining Hörmann, Christian held several leadership roles at KUKA since 2013, a global leader in industrial robotics and intelligent automation solutions. Following KUKA’s acquisition of Swisslog in 2015, he became CEO of Swisslog and a member of KUKA’s Executive Board. At Swisslog, he successfully implemented a new strategy focused on software and digitalization, enhancing operational excellence and more than doubling its growth.

Christian Baur will take over as Chief Transformation Officer and President Key & Wall Solutions and OEM effective 1 January 2025. Stefano Zocca (61) who has been President of Key & Wall Solutions and OEM since 2011, has decided to leave the company by end of 2024 to pursue new professional opportunities outside the industry, ending his tenure with a record year with regards to growth and profitability. 

Says Till Reuter, CEO dormakaba: “Stefano leaves our company with a great track record. He has built a strong team, which under his leadership sustainably elevated the segment’s performance and solidified the business’ leading positions in key markets. The Board, his Executive Committee colleagues and I thank him for his immensely valuable contributions to our company and wish him all the best for his future endeavors.”

Further information for:       Investors Media Swetlana Iodko Schoordijk Patrick Lehn Head Investor Relations Press Officer T: +41 44 818 90 28 T: +41 44 818 92 86 swetlana.iodko@dormakaba.com patrick.lehn@dormakaba.com

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This communication contains certain forward-looking statements including, but not limited to, those using the words “believes”, “assumes”, “expects” or formulations of a similar kind. Such forward-looking statements reflect the current judgement of the company, involve risks and uncertainties and are made on the basis of assumptions and expectations that the company believes to be reasonable at this time but may prove to be erroneous. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks, uncertainties and other factors outside of the company's and the Group's control which could lead to substantial differences between the actual future results, the financial situation, the development or performance of the company or the Group and those either expressed or implied by such statements. Except as required by applicable law or regulation, the company accepts no obligation to continue to report, update or otherwise review such forward-looking statements or adjust them to new information, or future events or developments.  

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dormakaba®, dorma+kaba®, Kaba®, Dorma®, Ilco®, LEGIC®, Silca®, BEST® etc. are registered trademarks of the dormakaba Group. Due to country-specific constraints or marketing considerations, some of the dormakaba Group products and systems may not be available in every market.



End of Media Release


Language:English
Company:dormakaba Holding AG
Hofwisenstrasse 24
8153 Rümlang
Switzerland
Phone:+41 448189011
E-mail:info@dormakaba.com
Internet:https://www.dormakabagroup.com
ISIN:CH0011795959
Listed:SIX Swiss Exchange
EQS News ID:2032563

 
End of NewsEQS News Service

2032563  18.11.2024 CET/CEST

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