SIG Combibloc Announces CFO Transition

SIG Combibloc Group Holdings S.a. r.l. (SIG), Switzerland, a global solution provider for the food and beverage industry, this week announced that CFO Marco Haussener plans to retire in February 2018 and will be succeeded by Samuel Sigrist.

Samuel Sigrist, currently president and GM, Europe, will become CFO effective Nov. 1, 2017, and will work with Haussener, who will move at that time into an advisory role, to ensure a smooth transition. Sigrist has been with SIG since 2005 and has also served in various finance roles including head of finance Europe, director of group controlling and reporting, among others.

Martin Herrenbruck, currently head of Cluster Europe and responsible for the European commercial operations, will succeed Sigrist as president and GM, Europe, effective Nov. 1, 2017. Herrenbruck has been with SIG since 2006 and has served in a variety of capacities including head of Cluster Asia-Pacific South, head of global marketing and business development, and several corporate development roles.

"On behalf of all of SIG, I want to sincerely thank Marco for his 18 years of service and congratulate him on his well-deserved retirement. He has been an outstanding leader who has helped oversee the expansion of SIG's international footprint and growth," said Rolf Stangl, CEO of SIG. "We are very fortunate to have someone of Samuel's caliber and background to succeed Marco. Samuel is a proven executive who brings a wide breadth of financial and operational experience to this role.

"I also want to thank Samuel for his work in initiating and leading the European organization through several strategically important initiatives. As we make progress on these initiatives, Martin's deep understanding of the European market will be key to our continued execution of the region's long-term strategy," Stangl noted.

SIG Combibloc Group AG manufactures and supplies carton packaging and filling machines for beverage and food manufacturers worldwide. It also provides packaging materials and corresponding filling machines; and advisory, training, technical, and support services.