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New Chief Financial Officer (CFO) of the R&S Group

Sissach, Switzerland, May 2022 – Dr. Matthias Weibel has joined the R&S Group’s executive team as the new Chief Financial Officer, starting from May 2022. He superseded Michael Altermatt on this position.

Matthias Weibel has many years of international experience in Corporate Finance (including worldwide M&A projects, Value Based Mgmt, Corp. Restructuring) and International Management, while working for ABB, as CFO for FAES Group and as CEO of the Raiffeisen Unternehmerzentrum. He graduated and holds a PhD of the University of St. Gallen.

In addition to finance Matthias Weibel has great interest in ‘big data’​ analytics and self-controlling manufacturing systems. Concerning these typical ‘Industry 4.0’​ related topics his recent track record includes the group-wide implementation of innovative digital business models, new fully integrated order processing and manufacturing systems (incl. new robotic systems and SAP), the setup of a modern production site in Brno (CZ). During the last 5 years he successfully evolved and expanded the Raiffeisen Unternehmerzentrum AG throughout Switzerland and realized strategic projects with large industrial customers.

Since 2011 Dr. Matthias Weibel has been a member of the Swissmem Council (Association of the Swiss Mechanical & Electrical Engineering Industries).

As new Group CFO, Matthias Weibel will be responsible for the Group’s finances and will support the cooperation of the subsidiary companies to exploit valuable group synergies.

About R&S
The Swiss-based R&S Group is a leading provider of electrical infrastructure products in key markets around the globe. With manufacturing facilities and offices in Europe, South America and the Middle East, and a wide partner network globally, R&S offers distribution and power transformers, medium and high voltage switching devices as well as certain products for railway electrification and industrial electrical connectors.