Cicor Group announces that Peter Neumann will take over the role as Chief Financial Officer (CFO) of the company. In addition Cicor announces a new special management incentive plan for about 30 of the company's senior managers. Peter Neumann, 46, will join the company as of November 22, 2021 and will take over the role as CFO and member of the Group Management as of January 01, 2022. He succeeds Patric Schoch, who announced in June 2021 that he will leave Cicor at his own request as of the end of June 2022 to take up a new challenge outside the company. Patric Schoch will ensure a smooth transition until his departure from the company. Peter Neumann has extensive business experience in finance, M&A and corporate integration. Most recently, he was Global Finance Director at Swiss based Markem-Imaje, a global provider of product identification and traceability solutions with more than 3,000 employees.