STEINACH, SWITZERLAND – Variosystems AG is reinforcing its Executive Leadership Team with its new Chief Financial Officer (CFO), Markus Nikles, an international finance specialist with industry experience. After expanding the leadership this year to include Stefan Hasenfratz, responsible for business development in Asia, and Anthony Pugliese, Head of the North America Region, Variosystems is finishing the reinforcement of its Executive Leadership Team by appointing Markus Nikles as CFO.

Variosystems is a global service partner for all-inclusive electronics solutions with customer organizations in Europe, North America, the Asia-Pacific region, and China. The company, based in Steinach, Switzerland, is on a growth trajectory and expanding in all regions, with an aim of doubling its revenues by 2026. Variosystems is drawing on international management expertise to achieve this.

Since the start of the year, Stefan Hasenfratz (Head of Variosystems Asia) and Anthony Pugliese (Head of Variosystems North America) have been reinforcement for the Executive Leadership Team consisting of CEO Stephan Sonderegger, COO Stefan Walther, CHRO Christine Peter, CIO André Bättig, and cofounder Norbert Bachstein. With the appointment of CFO Markus Nikles as of October 1, 2024, the team is now complete. The finance expert, who comes from Interlaken, Switzerland, and is experienced in the stock markets, succeeds Raymund Scheffrahn, who left the company at his own request at the end of July.

“We want to be the most trusted and sustainable electronics service partner, including on a global scale. With the reinforcement provided by Markus Nikles, we are working toward this objective. He contributes long-standing international experience in financial management at major industrial enterprises and has spent many years in positions in the United States and China. These markets are strategically important for our growth,” says Stephan Sonderegger, CEO of Variosystems. The new CFO, Markus Nikles, is looking forward to his duties: “Variosystems is one of Switzerland’s best-managed companies and has a clear vision and strategy. This is just as inspiring as it is motivating. Contributing my expertise, I wish to have a hand in achieving the ambitious goals.”

Financial expertise for global growth

Markus Nikles was most recently CFO at Meyer Burger Technology AG and, before that, spent 22 years in leadership positions for the Bühler Group, including ten years in the United States and three in China. With a degree in business and an executive master’s in corporate finance, he is based at Variosystems’ head office in Steinach and reports directly to the CEO.