The Board of Directors of RUAG has appointed Markus A. Zoller as the new CEO of the RUAG Defence division and a member of the Executive Board. He holds a degree in mechanical engineering from the ETH (Federal Institute of Technology) and a PhD in economics from the University of St Gallen. In recent years he has held a number of senior management positions at international technology companies. Markus Zoller will take up his new position in the fourth quarter of 2013. Markus Zoller is 44 years old and holds a degree in mechanical engineering from the ETH and a PhD in economics from the University of St Gallen. He has a long-standing track record as the CEO of large, international business units at globally active technology companies. These include ABB, Alstom and Siemens. At Siemens he worked as CEO of a global division with nine locations and branches in over 20 countries.