Jetter appoint Christian Benz as CEO

While Dr. Michael Oltmanns will remain chairman of the supervisory board, Kurt Hauser and Theo Frank have declared their readiness to relinquish their mandates on the supervisory board.

Martin Jetter, who founded the company in 1980 and listed it on the stock exchange in 1999, comments: "We have therefore completed the planned restructuring and changes at the top of the company. Christian Benz will continue to develop Jetter and further strengthen our competencies in the field of control and drive technology for industrial and mobile automation."

"We are pursuing a clear strategy of growth. The area of industrial automation will grow on the basis of defined segments and strengthen our market shares accordingly. Even stronger growth is possible in our second business field of mobile automation. Major advances will be made in the next five to ten years, especially in the electrification of systems and agricultural implements. Operating under the umbrella of the new parent company - Bucher Industries from Switzerland - will give us new perspectives for targeted investments. This will enable us to continue supplying the various Bucher divisions with perfect, market-appropriate products and also offer outstanding total solutions in defined market segments," commented Christian Benz, member of the executive board since April 2013 with responsibility for the areas of Sales and Marketing.