Tim Talaat is the new CEO at Looser Holding AG

Talaat was most recently a managing partner at Swiss Industrial Finance AG, which specializes in corporate takeover consulting. Previous to that, he was CEO at SR Technics Switzerland, where he played a key role in saving the company after the grounding of Swissair. He also directed the international expansion of the SR Technics Group and in positioning it as a leading provider of global technical services for the aviation industry. Since 1994, Talaat has been a member of the board of directors at CPH Chemie + Papier Holding, which is active in fine chemicals, zeolite chemistry, paper manufacturing, and pharmaceutical packaging.

Talaat has wide-ranging international experience in the production and service industries. During his 26-year career, he has worked in the information technology, electrical machines, and aircraft maintenance branches. He has held various jobs in the fields of development, assembly, marketing and sales, management and strategic management.

“We were able to bring on board an experienced person with an excellent track record in Tim Talaat. With his experience in managing internationally active enterprises, his well- developed management qualities, and his demonstrated sense for international expansion, we will be able to steer Looser Holding on a successful course in the future as well,” stated Leo Looser, chairman of the board of directors at Looser Holding AG.

“Looser Holding is solid and successful corporate group, which has good future prospects. I am very happy that I can contribute to the further development of Looser Group together with an experience team of employees,” said Talaat.