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ISRA VISION Names New Executive Director of Group Operations

As a new member of the Executive Board, Andreas Gerecke takes over the worldwide responsibility for the Operations segment. He has 25 years of experience in international industrial enterprises, among them as chief operating officer at a subsidiary of ABB Deutschland. Gerecke has successfully managed business divisions with revenue dimensions significantly above € 100 million. Given these experiences, he can provide ISRA with decisive impulses for implementing the aspiring growth objectives.
 
In his new function as executive director Group Operations, Gerecke is responsible, among other things, for further optimization of the production processes –lean production– as well as the targeted expansion of the infrastructure for further growth. Besides preparing the company for the next revenue dimension, his tasks also include strengthening profitability as well as optimizing and stabilizing the cash flow. Furthermore, it is planned to assign the new member of the Management Board further strategic tasks that are currently overseen by the chairperson.
 
With this strategic addition to the existing management, ISRA actively continues its growth strategy – which core it is to grow sustainably and profitably, diversified across technologies, regions and markets – with reinforced personnel. The company responds to the different market situations in the individual business areas with targeted marketing and sales measures as well as innovations that support the planned double-digit growth for 2014/2015.