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Newsline-International | May 2016

Changes in USTER Board

Thomas Nasiou has taken over the position as CEO of Uster Technologies as of April 1, 2016. Dr Geoffrey Scott and Philip Mosimann become Co-Chairmen of the Board of Directors. Koichi Ito joined the USTER Board of Directors succeeding Susumu Toyoda.

Thomas Nasiou assumed the role of CEO. This follows a planned transition and handover of responsibilities from Dr Scott who remains as a member of the BODs. In order to ensure the most effective operation of the Board, the Board of Directors has decided to appoint Mosimann and Dr Scott to the roles of Co-Chairmen.

From April 1, Koichi Ito also joined the Board of Uster Technologies. Koichi Ito is the new Head of the Textile Machinery Division of Toyota Industries Corporation, succeeding Susumu Toyoda who has been promoted to a new position in Toyota Motor Corporation. Susumu Toyoda will leave the USTER Board as of April 1.

“The Board of Directors of Uster Technologies and Toyota Industries Corporation are pleased that, with the new management organisation, the long term continuity and success of Uster Technologies is secured. With Thomas Nasiou a strong internal successor as CEO is in charge, and with the support of Dr Geoffrey Scott as a Co-Chairman, knowledgeable and dedicated leadership continues in the best interest for the company and its customers”, says Philip Mosimann, Chairman of the Board of Directors of Uster Technologies.

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