Steel wire transformation and coating specialist Bekaert, a major supplier of wire products to the tire industry, has appointed Oswald Schmid as its new CEO. Schmid has been leading the Bekaert Group Executive as interim CEO since May 13, 2020, when he became a member of the board of directors.
Jürgen Tinggren, chairman of the board of directors, commented, “On behalf of the board of directors, I am proud to announce the appointment of Oswald Schmid (below) as the CEO of Bekaert. The board is convinced that Oswald is the right person at the helm of Bekaert.
“His leadership capabilities have been critically important in guiding the company toward a higher level of performance, despite the unprecedented challenges faced throughout the health crisis. We are raising our ambitions for the near future and consider continuity in successful leadership at the CEO level an important enabler to reach those ambitions.”