# Rieter Appoints Barmag's Georg Stausberg Group CEO After Lippuner Bonus Dispute

> Rieter appointed Georg Stausberg group CEO effective November 4, 2026, after designated CEO Daniel Lippuner withdrew over irreconcilable bonus differences.

- Published: 2026-11-04T08:40:04+00:00
- Section: Leadership
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-04/rieter-georg-stausberg-group-ceo
- Source: [B2B Marketplace](https://www.fibre2fashion.com/news/textile-news/rieter-appoints-georg-stausberg-as-group-ceo-effective-from-today-314786-newsdetails.htm)

## Key takeaways

- Georg Stausberg, previously CEO of Barmag, became Rieter group CEO on November 4, 2026.
- Daniel Lippuner, the designated CEO, will not take the role after irreconcilable differences over compensation, particularly his bonus.
- Stausberg joined Rieter's Executive Committee after the company acquired Barmag in February 2026.
- Rieter signed a definitive agreement to acquire Barmag from OC Oerlikon for an upfront equity purchase price of CHF 713 million.

[Rieter](https://akta.pro/company-profiles/0031nvu/rieter) appointed Georg Stausberg, previously CEO of Barmag, as group CEO effective November 4, 2026, after designated CEO Daniel Lippuner withdrew over irreconcilable differences on compensation, particularly his bonus. [B2B Marketplace](https://www.fibre2fashion.com/news/textile-news/rieter-appoints-georg-stausberg-as-group-ceo-effective-from-today-314786-newsdetails.htm) reported the appointment.

## Why Lippuner Withdrew And Stausberg Took Over

Rieter's Board of Directors was confronted by Lippuner with additional demands regarding his compensation package, particularly his bonus. Due to irreconcilable differences, Lippuner will not assume the position.

Stausberg has more than three decades of experience in the international textile machinery industry and has shaped the development of Barmag in various leadership positions. Under his leadership as CEO, Barmag consolidated its position as the world's leading supplier in the man-made fiber sector.

After Rieter acquired Barmag in February 2026, Stausberg became a member of the Rieter Group's Executive Committee. Rieter signed a definitive agreement to acquire Barmag from OC Oerlikon for an upfront equity purchase price of CHF 713 million, [Globaltextiletimes](https://akta.pro/news-signals) reported in August 2026.

## Rieter's Leadership Record At akta.pro

According to akta.pro [company records](https://akta.pro/company-data), Rieter held its 135th Annual General Meeting in April 2026, where shareholders approved a waiver of dividend distribution and re-elected all Board members including Chairman Thomas Oetterli. The same records show Rieter announced FY2025 results with order intake of CHF 703.4 million, sales of CHF 685.1 million and operating EBIT of CHF 2.5 million, alongside restructuring costs of approximately CHF 10 million and one-off transaction costs of CHF 15 million.

## Earlier Leadership Changes At Rieter

Rieter CEO Thomas Oetterli stepped down by the end of October 2026, with Daniel Lippuner named as his successor, FinanzNachrichten.de reported in September 2026. Carl Illi was to serve as chairman until the next general assembly, and Lippuner had previously led Oerlikon Textile Components and Saurer.

In August 2026, Rieter announced that Roger Albrecht, head of its Components and Technology Division, will leave the Group in the first quarter of 2027 to pursue an opportunity outside the company, B2B Marketplace reported.

## Roger Albrecht's Scheduled 2027 Departure

Albrecht's departure is scheduled for the first quarter of 2027, after Stausberg's November 4, 2026 start as group CEO.

## Companies in this story

- [Rieter company profile](https://akta.pro/company-profiles/0031nvu/rieter) · website: http://www.rieter.com

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