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Renzo Davatz to become new CEO of Netstal

Join Date: 2018-12-31

Renzo Davatz will become CEO of Netstal from 1 July

Glarus, Switzerland-based injection moulding machinery company Netstal has announced that from 1 July Renzo Davatz will take over the role of CEO.

Davatz replaces Hans Ulrich Golz in the role, who will become the new chairman of the board of directors of Netstal.

Hans Ulrich Golz said: "I am delighted that I was able to acquire Renzo Davatz as my successor. He is held in high esteem by both customers and employees. In recent years he played a pivotal role in establishing an excellent global position for the service business area of Netstal. I am convinced that he will be successful in managing the Netstal company and further developing the company from a strategic perspective."

Davatz has worked at Netstal for 25 years, joining the company in 1989 as an apprentice electrical engineer.

Davatz said: "Netstal is regarded by customers around the world as a premium supplier of high-performance and high-precision injection moulding machinery. I would like to strengthen this leading position and the operational business success together with Markus Dal Pian as Vice President of Sales & Marketing, with whom I have enjoyed a very good working relationship for many years.”

Davatz also highlighted that the company should remain where it is based saying: “The safeguarding and development of the N?fels site over the long term is especially important to me. Netstal should continue to be a key employer in the canton of Glarus. Because the heart of Netstal has been beating here in N?fels for over 150 years. And it should remain this way."

Netsal has been part of the KraussMaffei Group since 1992. The KraussMaffei Group states it currently employs around 4,000 people and has a network of more than 30 subsidiaries and more than 10 production plants, supported by around 570 sales and service partners.

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