Baar, Switzerland - Forbo, a manufacturer of floor coverings, adhesives and conveyor belt solutions, has announced changes in its executive board.
Matthias Huenerwadel, head of the belting business, will leave Forbo in the course of 2012, and Jean-Michel Wins will succeed him in the second half of 2012. Wins has held various management positions at German automotive components supplier Grammer, where he is currently responsible for the Offroad Seating business.
There will also be "simplification of the management structure" following the sale of the industrial adhesives activities. Tom Kaiser, chief operating officer Forbo Group, will leave the company in the first half of 2012. The heads of the divisions will again report directly to ceo This Schneider, Forbo said in a 31 Jan announcement.
Jörg Riboni, chief financial officer, will leave the company at the end of January 2013; his successor will be announced at a later date
Forbo of Baar, Switzerland, employs a workforce of some 6000 and has an international network of 41 production facilities and distribution companies as well as 47 pure sales organisations in 35 countries across the globe.