CEO Ton Büchner to Leave Sulzer
Ton Büchner, President and Chief Executive Officer of Sulzer, has decided to leave Sulzer in order to pursue a career opportunity outside the company.
Ton Büchner (Image: Sulzer)
He will become the CEO of AkzoNobel, a coatings and specialty chemicals company, headquartered in Amsterdam, the Netherlands. Ton Büchner will leave Sulzer in the fourth quarter of 2011. A search process will start immediately, and his successor will be announced in due course.
Ton Büchner joined Sulzer in 1994 and worked in various functions; from 2000 to 2002 as President of Sulzer Turbo Services, from 2003 to 2006 as President of Sulzer Pumps, and since early 2007 as President and Chief Executive Officer of the Sulzer Corporation. In his different functions he guided Sulzer through difficult times, while improving its performance. With a high number of targeted acquisitions and with forceful growth in the emerging markets, he has changed and strengthened Sulzer.
Chairman Jürgen Dormann stated: “The Board of Directors regrets Ton Büchner’s decision, thanks him for his important strategic and operational contributions to the success of Sulzer over the last 17 years, and wishes him all the best for his personal and professional future”.
