James Stewart to take over as CEO of SR Technics
James Stewart has been appointed new Chief Executive Officer of SR Technics. As the company is entering its next phase of development and growth, it has been mutually agreed that Bernd Kessler will step down from his position as of 31 January 2010.
Kessler has successfully implemented major restructuring initiatives as well as the repositioning of the company in the market, a statement of SR Technics said today. James Stewart has been Chief Financial Officer of SR Technics since August 2008 and has been instrumental in the successful refinancing and restructuring of the Group, as well as in the extension of various new business relationships with key customers.
SR Technics says that, building on the restructuring and repositioning of the Group in 2009, the next phase will aim to differentiate SR Technics in the market. This will include the further development of operational capabilities, service offerings as well as continued efforts to raise efficiencies throughout the Group.