Mammut's Swiss parent company Conzzeta announced that it's Board of Directors and the group's CEO Robert Suter have decided to part company by mutual agreement.
Chairman of the Board of Directors Ernst Bärtschi will lead the Group Executive Board on an interim basis and together with the business unit heads will continue to pursue the group's new strategic direction.
“The Board of Directors would like to thank Robert Suter for his great commitment as the CEO of Conzzeta,” said Chairman of the Board of Directors Ernst Bärtschi. “In his six years as the group's CEO, Robert Suter has taken our very varied business units a long way forward in a complex environment. By focusing the business units, he has contributed substantially to the company's transformation process over the last 12 months.”
Up until his departure, Robert Suter will take on special tasks on behalf of the Chairman. The search for a new CEO will be started immediately. In the meantime, Chairman of the Board of Directors Ernst Bärtschi is assuming the role of Delegate of the Board of Directors.
Despite the more difficult conditions caused by currency turbulence, Conzzeta is continuing the growth strategy it has initiated, the company said in a statement released Feb. 2.
Conzzeta Group is Swiss holding company interests in machinery and systems engineering, foam materials, sporting goods, graphic coatings and real estate. Its shares are listed on the SIX Swiss Exchange.
