Rieter Appoints Georg Stausberg CEO After Lippuner Withdraws
Story Overview
Rieter Group has appointed Georg Stausberg, formerly CEO of Barmag, as its new group CEO effective 4 November 2026, after designated chief executive Daniel Lippuner decided not to assume the position. Lippuner withdrew over irreconcilable differences concerning his compensation and bonus arrangements. Stausberg brings more than three decades of textile machinery experience and joined Rieter's executive committee following the company's February 2026 acquisition of Barmag. He now leads Rieter as it integrates Barmag into its operations.
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- Innovation in TextilesRieter Appoints Georg Stausberg CEO After Daniel Lippuner Withdraws Over Bonus Dispute
Rieter has appointed Georg Stausberg, formerly CEO of Barmag, as group CEO with immediate effect after designated chief executive Daniel Lippuner withdrew over irreconcilable differences concerning his compensation and bonus arrangements. Stausberg brings more than three decades of textile machinery experience and joined Rieter's executive committee following the company's February 2026 acquisition of Barmag. He now leads Rieter as it integrates Barmag into its operations.
- TEXTILE VALUE CHAIN™Rieter Group Appoints Georg Stausberg as New CEO
Rieter Group has appointed Georg Stausberg, CEO of Barmag, as its new CEO effective 4 November 2026. The appointment follows Daniel Lippuner's decision not to assume the position.
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