Schoeller Allibert appoints Oliver Iltisberger as CEO

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June 2022 – Hoofddorp (NL). Schoeller Packaging BV (the “Company”) announces the appointment of Oliver Iltisberger as Managing Director of Schoeller Allibert, effective August 1, 2022.

Until recently, Oliver was President of ABB Smart Buildings Division, a global building automation and services company with revenues of approximately $3 billion and 11,000 employees. Previously, Oliver held various management positions at Landis+Gyr, a global leader in electricity and gas meters and network solutions. At Landis+Gyr, he was instrumental in developing the portfolio of smart metering products, systems and services for the business and in executing the transformation towards delivering smart energy services, in addition to his responsibility in the making. He executed and integrated several acquisitions and contributed as part of a team to achieve the company’s successful IPO.

Olivier Iltisberger

A German and Swiss national, Oliver holds a joint master’s degree in business administration and mechanical engineering (Dipl. Wirtschaftsingenieur) from the University of Darmstadt in Germany. He will work from the company’s headquarters, located in Hoofddorp, near Amsterdam, the Netherlands.

The Supervisory Board is delighted that Oliver has agreed to join Schoeller Allibert as CEO and believes that his organizational skills, deep international manufacturing and services experience and track record make him the ideal candidate to lead the company in its next phase of growth and performance improvement.

Pending this appointment, Henrik Akerson of Brookfield Asset Management will continue to act as interim CEO, with the full support of both groups of shareholders.

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Schoeller Allibert is one of Europe’s leading manufacturers of returnable plastic packaging systems. He has extensive expertise in a range of industries including agriculture, automotive, food and food processing, beverage, retail, industrial manufacturing and pooling. For more information, visit www.schoellerallibert.com

For more information please contact:
Patrick deBeer
Treasury and Investor Relations Manager
Tel +31 (0)88 0047324
[email protected]

Caution Regarding Forward-Looking Statements
Certain statements contained in this press release that are not statements of historical fact, including, without limitation, any statements preceded, followed by, or including the words “targets”, “believes”, “expects “, “aims”, “intends”, “” “may”, “anticipates”, “would”, “could” or similar expressions or their negative forms, constitute forward-looking statements, even if such statements are not specifically identified. Examples of forward-looking statements include, but are not limited to: (i) statements regarding the tenure of the Company’s interim CEO; and (ii) statements regarding the Company’s search for a new Permanent CEO.

By their nature, forward-looking statements involve risks and uncertainties and can, and often do, differ materially from actual results. Any forward-looking statement speaks only as of the date it is made and reflects the Company’s current view regarding future events. Forward-looking statements are not guarantees of future performance, and the Company’s actual industry results, performance, achievements, or results, results of operations, financial condition, and market and industry development in which the Company operates or is likely to operate may differ materially from those described or implied by the forward-looking statements contained in this press release. New factors will appear in the future, and it is not possible for the Company to predict what these factors will be. Further, we cannot assess the impact of each factor on the Company’s business or the extent to which any one factor, or combination of factors, could cause actual results to differ materially from those described in the statements. prospective.

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