COLUMBUS, Ohio, Dec. 15, 2020 /PRNewswire/ -- Mettler-Toledo
International Inc. (NYSE: MTD) today announced that Olivier Filliol, after 13 years as CEO, has
chosen to step down and the Board of Directors has agreed on a CEO
transition. Patrick Kaltenbach,
President of the Life Sciences Segment at Becton Dickinson, will
join the Company in January and assume the CEO position from
Filliol on April 1, 2021. Filliol
will remain a member of the Board of Directors, and in addition, he
will support the Company in marketing and other organizational
matters.
Robert Spoerry, Chairman of the
Board, stated, "We want to sincerely thank Olivier for his
tremendous contributions as CEO. Under his excellent leadership,
METTLER TOLEDO strengthened its
strategy, enhanced its market position and developed powerful and
highly innovative corporate programs. He fostered a commitment and
enthusiasm for operational excellence that have translated into
outstanding financial results and position the Company very well
for the future. We are pleased that Olivier will remain on the
Board and METTLER TOLEDO will
continue to benefit from his unique expertise."
Patrick Kaltenbach joined Becton
Dickinson in 2018 to lead its Life Sciences Segment, which has
annual revenues in excess of $4.5
billion. He was President of Life Sciences and Applied
Markets Group at Agilent from 2014 to 2018. Previously, he held
wide-ranging and increasing leadership roles at Agilent and its
predecessor company, Hewlett Packard, since joining in 1991.
Spoerry commented, "It is with excitement and great confidence
that we welcome Patrick as the next CEO of METTLER TOLEDO. Patrick has a strong record of driving
growth, gaining market share and increasing operating income. He
brings extensive global experience and industry know-how to the
Company. We are convinced Patrick will be an excellent cultural
fit, and he is committed to continue to drive our current strategic
growth initiatives."
Filliol commented, "I am very happy to welcome Patrick to
METTLER TOLEDO and look forward to
working with him. The timing of this transition is ideal, as our
organization has never been stronger. We have an exceptional team
throughout the world, and our strategic growth initiatives and
corporate programs, including Spinnaker and SternDrive, are well
advanced and have strong momentum. I am confident that Patrick will
lead the team to further our successful track record."
METTLER TOLEDO is a leading
global supplier of precision instruments and services. We have
strong leadership positions in all of our businesses. We have a
workforce of more than 16,000 and a direct presence in
approximately 40 countries with manufacturing operations in
Europe, the Americas and
Asia. With proven organic growth
strategies and a focus on execution, we have achieved a long-term
track record of strong financial performance. Our long-term
orientation has produced extensive sustainability achievements
including attaining carbon neutral status in 2020. For more
information, visit www.mt.com.
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SOURCE Mettler-Toledo International Inc.