Panalpina appoints Marco Gadola as new Group Chief Financial Officer

The global freight forwarding and logistics group Panalpina has appointed Marco Gadola (44) as new Chief Financial Officer (CFO) and member of the Executive Board. He will take office in autumn 2008.

With Marco Gadola, Panalpina is hiring a finance and economics expert who looks back on many years of experience with international companies. Before joining Panalpina, he was Group-CFO of the Straumann Holding and prior to this he was Group-CFO of the Swiss consumer-foods-manufacturer Hero. He also held leading management positions at the Hilti Group which manufactures products for the construction and building industries. Furthermore, both at Straumann, as well as at Hero, Marco Gadola has overseen production, logistics, investor relations and information technology worldwide and played a leading part in the acquisition and integration of companies.

“I am delighted to announce the appointment of Marco Gadola as the new CFO of Panalpina”, says CEO Monika Ribar. “With his qualifications and his long experience in both international and listed companies, he is a perfect fit for Panalpina. I am convinced to have found an ideal person for this demanding job”, she added.

Marco Gadola is also looking forward to his new challenge. “Panalpina is an extremely dynamic company with a clear customer-oriented global strategy. The company is in a fast moving and highly demanding growth market with an ever-changing environment. This asks for new solutions on a regular basis which is why I am convinced to be able to bring in my personality, my skills and experiences in an ideal way”.