Lonza adapt management structure improve effectiveness

Lonza to adapt management structure to improve effectiveness

9:07 AM, 4th February 2013
Lonza to adapt management structure to improve effectiveness
Rolf Soiron, Chairman, Lonza.

BASEL, SWITZERLAND: Lonza plans to adapt the management structure of the company to focus on its target markets and to improve the effectiveness of its worldwide organizational structure and operations. Effective immediately, the Management Committee will be newly renamed Executive Committee and will consist of five members: Richard Ridinger - CEO, Toralf Haag - CFO, Marc Funk - CLO, Stephan Kutzer - COO and Beat In-Albon - COO.

In alignment with Lonza markets, the current Custom Manufacturing and Bioscience sectors will be regrouped into one pharma market segments group. Microbial Control and Life Science Ingredients will be regrouped into a specialty ingredients market segments group. The market segment groups will be overseen by the entire Executive Committee, represented mainly by Stephan Kutzer and Beat In-Albon respectively.

“One year ago we announced our emphasis on ‘Focus and Deliver’ as guiding principles. Richard Ridinger has applied these principles for the Visp Challenge Project as well as in his evaluation of our corporate and operational structure. I am pleased to see Richard Ridinger implementing further steps to focus our organization on customers, but also to lay the ground work for sustainable improvement of returns on capital invested,” said Rolf Soiron, Chairman, Lonza.

© WOC News  



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