Domenico Iacovelli leaves Andritz and Schuler

Der Vorstandsvorsitzende von Andritz, Dr. Joachim Schönbeck, übernimmt die Führung. © Andritz

The Andritz Supervisory Board and Schuler CEO Domenico Iacovelli have mutually agreed on the latter’s departure as of December 31, 2023. The President and CEO of Andritz, Dr. Joachim Schönbeck, will be responsible for the Metals Business Area, to which Schuler belongs, within the Andritz Group from January 1, 2024 and will work closely with the Managing Directors Thomas Kamphausen and Dr. Peter Jost.

Schuler CEO Domenico Iacovelli is leaving the company at his own request at the end of the year. © Andritz
Schuler CEO Domenico Iacovelli is leaving the company at his own request at the end of the year.
© Andritz

Domenico Iacovelli had managed Schuler since 2018. “Over the past few years of transformation, we have built a new, strong and innovative Schuler that we can be proud of,” says Iacovelli. “That’s why I have no doubt that Schuler’s future path will be successful and stable.”
“We sincerely thank Domenico Iacovelli for his commitment and outstanding achievements, especially in the successful restructuring of the Schuler Group, the strategic development of battery technology for the electric vehicle industry and Andritz’s entry into the green hydrogen market,” said Andritz CEO Joachim Schönbeck.

About Schuler

Schuler offers customer-specific technology in all areas of forming technology – from networked presses to press shop planning. In addition to presses, the product portfolio also includes automation, tools, process know-how and service for the entire metalworking industry. Schuler’s Digital Suite brings together solutions for networking forming technology and is constantly being developed to further improve line productivity and availability. Customers include automotive manufacturers and suppliers as well as companies from the forging, household appliance and electrical industries. Presses from the Schuler Group mint coins for more than 180 countries. Schuler was founded in 1839 at its headquarters in Göppingen (Germany) and is represented by around 5,000 employees at production sites in Europe, China and America as well as service companies in more than 40 countries. The company is part of the international technology group Andritz.

Web:
www.schulergroup.com