1 September 2020:Andre Wall will step down as the CTO of Spanish Airlines Iberia and join RUAG International as the CEO effective 1st January 2021. Andre has over 25 years of experience in the global aviation industry having previously worked with SR Technics and Jet Aviation in Switzerland, MTU Aero Engines in Germany, Rolls Royce Aero Engines and Toyota.
“With André Wall, we are gaining an internationally experienced expert in the industry. He has a proven track record of breathing new life into companies and steering them towards success. RUAG International will benefit from his expertise during its ongoing transformation. André Wall will ensure that RUAG International continues its post-unbundling course, copes with the effects of the COVID-19 crisis and is ultimately privatised as planned”, said Dr Remo Lütolf, Chairman of the Board of Directors of RUAG International.
Since 1 January 2020, RUAG International has been unbundled as a civilian technology company from RUAG MRO Schweiz, a company closely linked to the Swiss Armed Forces. RUAG International is thus implementing the Federal Council’s decision to develop further as an aerospace group focusing on space and aerostructures.
Current CFO Urs Kiener will continue to manage RUAG International on an interim basis until the new CEO takes over.
“On behalf of the Board of Directors, I would like to thank Urs Kiener in advance for his dedicated leadership,” added Remo Lütolf. “He will ensure a seamless transition in order to set the course for the future at a time of significant restructuring following the unbundling and, moreover, influenced by the effects of the Coronavirus pandemic.”
