March 5, 2024 · in Industry News
Bystronic announces new CEO

Bystronic appointed Domenico Iacovelli CEO (left), effective July 1, 2024. He will step into the roll as current CEO Alex Waser (right) retires. Iacovelli brings extensive management and leadership experience, having spent 13 of his 20 years in the sheet metal industry in CEO roles. In 2018, he was named CEO of Schuler AG and prior to that, CEO of Andritz Soutec. “We look forward to supporting Domenico in his new role and ensuring a smooth transition,” said Heinz Baumgartner, Bystronic board chairman. “His industry knowledge and market experience will strengthen Bystronic and will be great assets as we continue to execute on our growth strategy.”

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