SFS expands its Group Executive Board

SFS Group has announced the appointment of Claude Stadler as a member of the Group Executive Board, in a move to strengthen its leadership team.

In his current role as Head of Corporate Services, Stadler will be promoted to the Board effective 1 January next year.

This move sees the Board of Directors resolve to give the Corporate Services unit, which comprises the Human Resources, Corporate Development and Communications departments, direct representation on the Group Executive Board.

Stadler has been with SFS since 2013, first serving as Head of Corporate Communications and Investor Relations, before assuming responsibility for the Corporate Services unit at the start of this year.

Commenting on the appointment, SFS said it was, “pleased to employ an executive with as much experience” as Stadler.

SFS is a world leader in mechanical fastening systems and precision-formed parts, comprising three segments: Engineered Components, Fastening Systems and Distribution and Logistics. Present in 26 countries around the globe, SFS Group generated sales of CHF 1,632.7 million in 2017, with its growth momentum continuing into the first half of this year.