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Georg Stausberg takes over as CEO of the Rieter Group with immediate effect

The Board of Directors of Rieter Ltd. was confronted by the designated CEO, Daniel Lippuner, with additional demands regarding his compensation package, particularly his bonus. Due to irreconcilable differences, Daniel Lippuner will not assume the position. Georg Stausberg, CEO of Barmag, will assume the position of CEO of the Rieter Group with effect from November […]

5 Articles

The textile machine manufacturer needs to reorganize the CEO change in the short term. Reason is a bonus dispute.

·Zürich, Switzerland
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Daniel Lippuner will not become CEO at Rieter. The reason: a dispute over his bonus. Instead, Georg Stausberg will immediately take over the management of the Winterthur textile machine manufacturer.

·Zürich, Switzerland
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Bang at Rieter: With immediate effect, the textile machine manufacturer has appointed Georg Stausberg as CEO of the Group. Daniel Lippuner, the designated CEO, will not take up the position.

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Textile News, Views & Articles broke the news on Wednesday, November 4, 2026.
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