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New Sulzer President

Following the decision to manage Sulzer Textil as an independent company within the Itema Group, Sulzer has appointed Paolo Antonietti as new president of Sulzer Textil. At the beginning of September, he will succeed Ulrich Bolleter, who temporarily took over Sulzer Textil after Philip Mosimann's departure at the end of June.Paolo Antonietti is an Italian citizen, aged 49. After graduating as a mechanical engineer (specializing in textile machinery) at the ETH Zurich, he gained his MBA at the IMD, Lausanne. His international management experience was acquired in reputed companies including Nestl44; Motul and Rieter. Prior to his nomination as president of Sulzer Textil, he was president of Von Roll Italy.The current president of Sulzer Textil, Ulrich Bolleter, will ensure a smooth management transition before taking over the Sulzer Textile technology division again. He will remain a member of the executive management as deputy to Paolo Antonietti.