Darmstadt, April 26, 2021

Schenck Process Group today announced the appointment of Dr. Ulrich Spiesshofer as Chairman of its Advisory Board effective May 1 2021.

Dr. Spiesshofer brings three decades of executive management, transformation, active portfolio management and operational expertise, across many sectors, including industry, energy and infrastructure in Europe, the Americas, Asia, the Middle East, and Africa.

Most recently, he served as Chief Executive of the Group from 2013 to 2019 and was a member of the Executive Committee of ABB since 2005. Under his leadership, ABB was transformed into a leader focused on digital industries and one of the most respected technology companies at the intersection of industrial products, robotics and software. He currently serves on the board of directors of Infineon AG, Munich, serves as senior advisor to Blackstone and is assuming the chairman role at Sabre Industries, Texas.

Prior to ABB, Dr. Spiesshofer was Senior Partner and Global Head of Operations for Roland Berger AG and served A.T. Kearney LTD. in Europe, Australia, Asia and the US for 11 years most recently as Partner and Managing Director of their Swiss operations. Dr. Spiesshofer holds a PhD in Economics and a Master’s degree in Business Administration and Engineering from the University of Stuttgart, Germany.

Juergen Pinker, Senior Managing Director at Blackstone, said: “We are delighted that Uli has agreed to join the Schenck Process Advisory Board and become its Chairman.  He is an exemplary leader with over thirty years of experience in creating value through transformation, across multiple sectors.  His knowledge and experience will be invaluable to the company and we are very much looking forward to working with him.”

Dr. Spiesshofer said: “I am delighted to join the Advisory Board of the Schenck Process Group, a company well positioned in exciting markets. I look forward to supporting the entire management team in shaping our company as a profitably growing global leader in sustainable process technologies.”

ABOUT SCHENCK PROCESS

Schenck Process is a leading global provider of sustainable products, integrated solutions and services in mission critical applications for bulk materials. Headquartered in Darmstadt, Germany, the Group has 2,800 employees with a presence in over 20 countries across six continents focused on the food, mining, chemicals and performance materials, and infrastructure and energy market segments.

The product offering includes solutions for industrial weighing, feeding, conveying, pulverizing and classification, screening, mixing and blending and associated digital and automation applications.

The Group was acquired by Blackstone International in 2017 and generated revenues of nearly €600m for the year ended 31 December 2020.