Changes to the Group Executive Committee and Board of Directors

Ad hoc announcement pursuant to Art. 53 LR

The Board of Directors of Schindler Holding Ltd. has appointed Paolo Compagna, currently Chief Operating Officer, as CEO, effective April 1, 2025. Silvio Napoli, currently Chairman and CEO, will work with Paolo Compagna on the CEO transition until the upcoming General Meeting of Shareholders scheduled for March 25, 2025.

Paolo Compagna has been a member of the Group Executive Committee since 2015, serving as Chief Operating Officer since January 2022 and having been responsible for Europe North prior to that. He joined Schindler in 2010 and held various leadership roles in Germany, including CEO of Schindler Germany. Paolo Compagna holds a degree in electrical engineering from TH Köln, Germany, and a degree in business engineering from BHT, Berlin, Germany.

“With Paolo Compagna, the company can rely on the right leader, with a proven track record to take on the challenges and opportunities of the future,” said Silvio Napoli.

After more than 30 years with the company, Silvio Napoli has decided not to stand for re-election to the Board of Directors at the upcoming General Meeting of Shareholders on March 25, 2025, and to pursue new career challenges.

“It has been an honor and privilege to serve the company for over thirty years. I’m deeply grateful to the Board of Directors for their trust and would like to thank the Schindler teams I’ve had the pleasure to work with, side-by-side, all over the world,” commented Silvio Napoli.

The Board would like to thank Silvio Napoli for his outstanding contribution over the last three decades. He will leave Schindler with an impressive legacy, including a successful turnaround he led in the past three years, amidst a challenging environment.

As of April 1, 2025, the Group Executive Committee will be composed of the following members: Paolo Compagna (CEO), Matteo Attrovio (CIO), Danilo Calabrò (Europe South), Donato Carparelli (CTO), Carla De Geyseleer (CFO), Vikén Martarian (Americas and Escalators), Hugo Martinho (Human Resources), Meinolf Pohle (Europe North), Robert Seakins (Asia Pacific), and Daryoush Ziai (China).

About Schindler
Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related services. Schindler’s mobility solutions move more than 2 billion people every day all over the world. Behind the company's success are over 70,000 employees in more than 100 countries. Schindler is committed to reaching net-zero emissions by 2040 through a 90% absolute reduction of its greenhouse gas emissions in scope 1, 2 and 3 from a 2020 baseline as its long-term science-based emission reduction target, while working to neutralize its residual emissions.

More information
Katherine Lee | Head of External Communications
Phone +41 414 45 36 11 | Mobile +41 79 712 94 99
katherine.lee@schindler.com