The Schur Flexibles Group is getting a new CEO. The company, which has been part of Lindsay Goldberg since 2016, is reorganising its management board in response to the company's dynamic growth.
The 41-year-old Michael Schernthaner will take over as CEO of the Schur Flexibles Group take over. Together with COO Juan Luís Martínez Arteaga (45) and Chief Sales Officer Friedrich Humer (55), he will form the management team of the company specialising in flexible packaging, Schur Flexibles has announced. Dr Michael Fischkin (39), previously Senior Manager Finance Projects, will join the top management of Schur Flexibles as Group Finance Director. Thomas Unger (58), partner of Schur owner Lindsay Goldberg, supports the management in the role of „Chairman“ as Chairman of the Advisory Board.
„The management team has shown that the company can combine dynamic growth, innovative strength, customer focus and value orientation. We will do all we can to support Schur Flexibles not only in growing organically, but also in reaching the next stage of development through acquisitions.“
Thomas Unger, Chairman of the Advisory Board at Schur Flexibles
Dynamic growth requires reorganisation of the management team
Schur Flexibles justifies Michael Schernthaner's move to the position of CEO with the dynamic growth of the company. The new CEO is already responsible for strategic issues as CFO and for Acquisitions other companies. In his new role, he will now be able to concentrate fully on the strategic development of the company. Dr Michael Fischkin, as Group Finance Director, will mainly be responsible for the financial tasks.
According to its own information, Schur Flexibles employs around 1,700 employees. Annual sales are estimated at around 520 million euros stated. Since the company was acquired by Lindsay Goldberg in 2016, there have been four acquisitions that have led to strong sales growth. Highly specialised and customised high-barrier packaging solutions for the food, tobacco and pharmaceutical industries are produced at 23 locations in Western and Eastern Europe.
