Corvaglia restructures to meet future challenges

ESCHLIKON, Switzerland – Closure design and development specialist Corvalia Group said it has completed a restructuring process that will allow the group to meet increasingly challenging requirements and to accommodate both market-specific and internal developments.

With annual revenues of approximately CHF 50 million, two branches and some 230 staff, the Corvaglia Group has grown substantially over the last few years.  In order to meet future challenges, founder and proprietor Romeo Corvaglia began streamlining in-house structures in the summer of 2011, including management changes:

Thomas Marder (48),  who  has  held  a  seat  on  Corvaglia  Holding’s  board  of directors since 2009, took on overall responsibility as CEO on 1 July 2011, replacing Mr Corvaglia.  With   a   successful   track record   of   managing   several   international   technology companies  employing  up  to  1,100  staff,  Mr Marder  has  considerable  experience  of  designing effective  and  efficient  processes. 

Mr Corvaglia, 52, will gradually be stepping back from operational matters. As  chairman  of  the  board  he  will  be devoting himself to strategically important projects, to which heAdidas Energy Boost