Henri Steinmetz Appointed as New Head of Sulzer Metco

25.03.2004

Henri Steinmetz has been appointed as the new division president of Sulzer Metco. He will start at Sulzer Metco on May 1, 2004 and will succeed Bruno Walser, who will retire by midyear.

The 47-year-old Steinmetz, currently executive vice president and general manager polymer stabilizers at Great Lakes Chemical Corporation, has extensive international experience and a proven track record in leading complex businesses and improving their performance.

Henri Steinmetz is a citizen of Luxembourg with a master of sciences in metallurgy from the University of Clausthal (Germany) and an MBA from Insead (Fontainebleau, France). Between 1988 and 1997, he held several line and staff management functions at General Electric. Steinmetz then joined the M. A. Hanna Company, where he was director business development and strategy Europe. Since 1998, he has been with Great Lakes Chemical Corporation and is currently serving as executive vice president and general manager polymer stabilizers; the polymer stabilizer division has a turnover of CHF 370 million and about 850 employees.

Fred Kindle, Sulzer CEO: “Henri Steinmetz brings a great deal of valuable knowledge and important skills to Sulzer Metco. He has successfully led a complex global business, has extensive experience in improving operational performance, and possesses a proven track record as a people leader. We believe that he is the right person to make Sulzer Metco more successful. I sincerely thank Bruno Walser, who has been with Sulzer since 1975. During almost 30 years, he has served in numerous important functions, such as division president of Sulzer Metco, head of Sulzer Markets and Technology, and head of Sulzer Innotec. Since 2001, he has also been chairman of the board of Sulzer Hexis. We wish him much enjoyment in the next stage of his life.

”Henri Steinmetz is very pleased with his new assignment: “Sulzer Metco is well positioned in its markets and, with its unique surface enhancement technologies, offers customers real benefits. I'm looking forward to working with Sulzer Metco’s experienced management team and its highly qualified employees."

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