The Board of Directors of Sulzer AG has appointed its Chairwoman, Suzanne Thoma, as executive president of Sulzer. In this role, which will also see her assume operational management of the company, she will replace current CEO Frédéric Lalanne, who has announced that he will resign at the end of October 2022. The Board of Directors sees a need for action in view of the constantly evolving market environment and the associated structural shift in demand in the energy and infrastructure sectors. It has tasked Thoma with conducting a thorough review and comprehensive realignment of Sulzer’s strategy.
To ensure optimal coordination between the Board of Directors and the Executive Committee during this process, while simultaneously assuring the continuity of the company’s leadership, the Board of Directors has appointed its Chairwoman, Thoma, as Executive President and entrusted her with managing Sulzer as a whole. Thoma will continue in this capacity at least until the development of the new corporate strategy and the first phase of its implementation have been completed.