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Loepfe appoints Ralph Mennicke as new CEO

06 May '20
2 min read
Ralph Mennicke. Pic: Loepfe
Ralph Mennicke. Pic: Loepfe

Loepfe, developer of optical yarn clearers and solutions for spinning mills and other textile industries, has announced the appointment of Ralph Mennicke as chief executive officer of Loepfe Brothers, effective from April 14, 2020. Ralph Mennicke takes over from Maurizio Wermelinger who, having joined Loepfe in 2007, became CEO in 2009 and is now retiring.

The Loepfe board of directors appointed Mennicke as CEO to lead the company and its subsidiaries. Loepfe is the worldwide leading manufacturer and solution partner for online quality assurance systems in the textile sector. Machine manufacturers as well as spinning mills and weaving mills around the globe use and rely on Loepfe technology from Switzerland, according to a press release by the company.

Mennicke is a graduate of technical university of Munich, University of York, Mannheim and ESSEC Business Schools. He holds an MSc and PhD in physics and an executive MBA. Previously, Mennicke has held positions as CEO, Deputy CEO, general manager, and product manager, as well as interim head of technology, product management, and marketing.

Since completing his PhD, Mennicke has contributed to technology, product and market expansion and acquisitions, as well as providing inspired and effective leadership during times of crisis in his previous company. In his quest to set industry benchmarks and deliver quality improvement for customers, Mennicke has also been heavily involved in global standardisation activities within the sensor and measurement fields.

“Despite the current difficult business environment as I begin my role as CEO of Loepfe, my commitment to taking our business and our people on a journey where we will seek to grow and grasp future upsides has never been greater. As in my previous roles, at Loepfe my strategy will continue to focus on leveraging committed talents, superior technology and unique market knowledge to gain and maintain a competitive edge in the markets,” Mennicke said.

“Loepfe extends a big thank-you to Maurizio for his long, loyal and successful lead of the company, as well as a very warm welcome to Mennicke. We are delighted to have Mennicke on board to steer Loepfe through the challenging phase arising from the COVID-19 pandemic, and beyond. Furthermore, we are confident that Loepfe is in a strong position to emerge from this time with renewed vigour and sustained growth,” Loepfe executive chairman Alexander Zschokke said.

Fibre2Fashion News Desk (GK)

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