Thomas Limberger has left his post as CEO at Swiss machinery and systems producer OC Oerlikon Corporation AG by mutual consent and with immediate effect. He will, however, maintain his connection with the company in a consulting capacity.

The board has appointed Dr Uwe Krüger, previously chief operational officer, as Mr Limberger’s replacement. Mr Krüger joined the company from Hochtief, Inc. where he was senior vice president.