New CEO at Netstal

Swiss-based injection molding machine maker Netstal-Maschinen AG, a member of the KraussMaffei Group, has named Renzo Davatz as its new CEO effective July 1, 2016.

Renzo Davatz. Photo Credit: Netstal

Davatz will replace Dr. Hans Ulrich Golz, who will assume the role of Chairman of the Board of Directors of Netstal.

Davatz joined Netstal-Maschinen AG in 1989 as an apprentice electrical engineer. He was then promoted to head of technical service and later head of aftersales. Prior to this latest appointment, he served as vice president of service, both at Netstal and in the overall injection molding machinery segment of the KraussMaffei Group.

“I am delighted that I was able to acquire Renzo Davatz as my successor,” Golz said in a news release. “He is held in high esteem by both customers and employees. In recent years he played a pivotal role in establishing an excellent global position for the service business area of Netstal. I am convinced that he will be successful in managing the Netstal company and further developing the company from a strategic perspective.”