The Board of Directors of Schaffner Holding AG has appointed Marc Aeschlimann as CEO of the Schaffner Group. He will take up this position on 1 November 2017 at the latest. Until Marc Aeschlimann takes over operational management of the Schaffner Group, Kurt Ledermann, CFO and interim CEO, will ensure the continuity of Group management. Marc Aeschlimann, a Swiss citizen, has an MSc in electrical engineering from ETH Zurich (Swiss Federal Institute of Technology) and an MBA from Marshall Business School, University of Southern California. After completing his studies at ETH Zurich, he spent several years as a consultant at Helbling Management Consulting. Between 2002 and 2011, he held various management roles at the Franke Group, including five years in China as Head of Food Service Systems for the Asia, Pacific & Middle East region, and later as CEO of Franke Coffee Systems.