Cham Paper Group Holding AG Reports Earnings Results for the First Half Ended June 30, 2012; Announces Executive Changes
As of September 1, 2012, Marcello Di Giacomo will be taking over the leadership of the Carmignano site and will become a member of the Cham Paper Group's board of directors. Mr. Di Giacomo joins from Kimberly-Clark, where he managed a site in Italy. He has a profound knowledge of the paper industry and a track record in corporate management acquired in his earlier activity in various European countries. Over the next 18 months, the Carmignano site will become the most important production facility in the Cham Paper Group and the backbone of an efficiency-oriented production and logistics platform in the eurozone. CEO Peter Studer, who has led the company temporarily since December 1, 2011, will also take on the additional role of group Sales Director from September 1, 2012. He will replace Christine Arnet, who has been responsible for Sales for the last 15 months and will be pursuing a new direction outside of the company. The Sales division is to be reorganised in order to reflect the differing orientations of the sites in Italy and Switzerland, as well as the innovation centre in Cham.