Panalpina appoints Marco Gadola as new Group Chief Financial Officer

Mar 10, 2008

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”.

About Panalpina

The Panalpina Group is one of the world's leading providers of supply chain solutions. The company combines its core products of Air Freight, Ocean Freight, and Logistics to deliver globally integrated, tailor-made end-to-end solutions. Drawing on in-depth industry know-how and customized IT systems, Panalpina manages the needs of its customers' supply chains, no matter how demanding they might be. Energy Solutions is a specialized service for the energy and capital projects sector. The Panalpina Group operates a global network with some 500 offices in more than 75 countries, and it works with partner companies in a further 90 countries. Panalpina employs 15,000 people worldwide who deliver a comprehensive service to the highest quality standards – wherever and whenever.