Hilti Group, headquartered in Schaan, Liechtenstein, has announced that Heinrich Fischer has been appointed Chairman of the Board of Directors of Hilti Group. Fischer will succeed Pius Baschera, who will stay on the Board of Directors as a member and take over as Speaker of the Martin Hilti Family Trust, sole shareholder of Hilti Corporation.
Prior to his appointment as Chairman, Swiss-born Fischer has served as member of the Board of Directors for ten years, as well as serving on the Board of Directors for Tecan AG, Orell Füssli AG (Chairman) and Sensirion AG. From 1996 to 2007, he was Chief Executive Officer of Saurer AG, Arbon, Switzerland.
As Chairman of the Hilti Group, expediting the achievement of the Group’s strategic objectives will be his first priority: “I am convinced that we are already well-positioned today to successfully implement our Champion 2020 Strategy, to grow substantially and to generate sustainable value through differentiation and market leadership,” Fischer stated. “To help shape this journey as Chairman of the Board of Directors is a gratifying and challenging task that I am very much looking forward to.”