ZURICH Jan 4 Dental implant maker Straumann said on Friday it appointed Marco Gadola as chief executive as it seeks to improve its performance in increasingly challenging dental implant markets.
Current CEO Beat Spalinger will be leaving the company, Straumann said in a statement.
"The dental markets have become increasingly challenging, squeezing topline and profitability ... to take the organization forward requires specific leadership qualities and impulses at top level, and we believe that Marco Gadola is the right person to do this," Chairman Gilbert Achermann said in the statement.
Gadola had been Chief Financial Officer at logistics company Panalpina since 2008, and had previously held the position of CFO at Straumann from 2005.
(Reporting by Silke Koltrowitz)