Colt CZ Group SE has changed its top management structure, with the Group CEO and chairman of the Board of Directors  separating into two positions, effective January 1, 2025. Jan Drahota currently holds both roles.

Drahota will continue to serve as chairman of the Board of Directors of Colt CZ and focus on strategic development, identifying growth opportunities and achieving the company’s long-term goals and visions.

Radek Musil, the CEO of Sellier & Bellot, will become the new CEO of Colt CZ, overseeing the executive management of the Group, driving the implementation of its business plan and focusing on production and sales development.

“It is a great honor to take on the responsibility for the management of Colt CZ Group and to be part of the next chapter of its development,” Musil stated. “I deeply appreciate the trust placed in me by the company’s Board of Directors and shareholders. I will draw on my 25 years of leadership experience at Sellier & Bellot and my knowledge of the industry to ensure the Group’s targets are achieved.”

Radek Musil has been with Sellier & Bellot since 1999, when he became its CEO and chairman of the Board. Previously, he worked for the Czech company TON. He graduated from the Faculty of Nuclear and Physical Engineering at the Czech Technical University in Prague and the Thunderbird School of Global Management in Phoenix, AZ.

Vladimír Rada, the CFO of Sellier & Bellot, will assume interim managerial responsibility for Sellier & Bellot.

“Over the past three years, Colt CZ Group has significantly strengthened its market position, doubled its revenues and expanded its business to include the production of small caliber ammunition,” commented Drahota. “Radek Musil has proven his abilities as CEO of Sellier & Bellot, and his transition to Group CEO is, therefore, a logical step. I am confident that Radek’s expertise will contribute to further organic growth across our key companies and help us realize our vision of becoming the recognized undisputed leader of the small arms industry.”

Images courtesy Colt CZ