Christian Maeder leaves Artemis, Alexander Pieper becomes Chairman of the Franke Board of Directors

Since May 2015, Christian Maeder has been CFO of the Artemis Group and a member of the Management Board. He was also appointed Chairman of the Board of Directors of Franke Holding AG in 2019. Now Christian Maeder has decided to take on new professional challenges outside the Artemis Group. He will leave the company in spring 2023.

A successor for his position at the Artemis Group is currently being sought. The position of Chairman of the Board of Directors of Franke Holding AG will be taken over by Alexander Pieper, Vice Chairman of the Board since 2019, from spring 2023. The 39-year-old knows the Franke Group well. Before becoming CEO of Swiss tool manufacturer Kraftwerk, he worked for 13 years at Franke in various management roles in Germany and abroad, such as Managing Director of the subsidiaries in the United Arab Emirates and the Philippines. In addition, he has been a member of the Board of Directors of Artemis Holding AG since 2015 and will be more involved in the Artemis Group in the future as part of the generation change.

Michael Pieper, owner and CEO of the Artemis Group, regrets the departure of Christian Maeder and expressly thanks him for his achievements in the various areas of responsibility in the Artemis Group as well as for the trustful cooperation – and adds: "As Chairman of the Board of Directors of Franke Holding AG, Christian Maeder was responsible for the strategic direction of the Group and drove it forward with confidence and foresight – thus making a significant contribution to the positive development of the company. I am delighted that my son Alexander is taking over as Chairman of the Board of Directors and wish him every success and satisfaction in his new role."

About Artemis

The Artemis Group comprises the Franke Group, the Artemis Real Estate Group (real estate portfolio in Switzerland and abroad), the majority-owned Feintool Group (world market leader in fineblanking technology) and the Artemis Asset Management Group (various strategic investments in international companies listed on the Swiss stock exchange and in private companies). In 2021, the group generated sales of approximately 3.3 billion Swiss francs with approximately 11,000 employees worldwide. Learn more at artemis-holding.com

About Franke

Franke is a leading global manufacturer and supplier of solutions and equipment for domestic kitchens as well as for professional foodservice and coffee making. The company has a global presence and employs over 8,000 people in 37 countries. Net sales in 2021 were approximately 2.6 billion Swiss francs. Learn more at franke.com