Top-level changes for Rieter Group
17/12/2013
The current head of Rieter’s spun yarn systems division, Peter Gnägi, is standing down and Mr Clapper will take over his role. Mr Gnägi has been with the group since 1990 and in his current position since 2011.
After four years with a dual mandate of executive chairman and chairman, Erwin Stoller will concentrate on chairing the board.
The company has 18 production plants in 10 countries and employs 4,700 people, a third of whom are based in Switzerland.
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