David Flochel to start his role on 18 July

July 6, 2016: Selecta Management AG, a leading company in vending, has announced that Remo Brunschwiler, CEO of the Selecta Group will leave the company during July to pursue new challenges outside Selecta. His responsibility will be handed over to David Flochel, who will commence his role as new Selecta CEO on 18 July 2016. Flochel has over 18 years of professional experience, most recently as Regional President of Mars Drinks North America, LLC, where he was also part of the Global Leadership Team since 2013.

Brunschwiler took over the leadership of Selecta Group 3.5 years ago. He successfully led the Group through a refinancing in 2014 and managed the change of ownership in the company to KKR in December 2015. During his time in office, the company implemented several cost saving initiatives, reduced capital intensity of the business and successfully developed new concepts such as Starbucks on-the-go as well as accelerated the introduction of digital technologies and operational efficiencies in the machine park.

Flochel has significant experience and a proven track record in sales, marketing and general management mostly in consumer packaged and fast-moving consumer goods across several geographies with a strong focus on vending and OCS within the last 8 years. His experience includes roles at companies such as Mars, Unilever, AB Inbev and L’Oreal. Together with Selecta’s existing senior leadership team, Flochel’s key priorities will include executing the ongoing key strategic initiatives and developing and implementing the Group’s growth strategy. As part of his appointment, Flochel will participate in a long-term incentive scheme that will include him investing alongside KKR in the transaction.