
Pascal Bensoussan is the new CPO of Ivalua
Ivalua, provider of cloud-based spend management solutions, is expanding its management team with Pascal Bensoussan as Chief Product Officer (CPO).
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Ivalua, provider of cloud-based spend management solutions, is expanding its management team with Pascal Bensoussan as Chief Product Officer (CPO).

Scanlab, OEM manufacturer of laser scanning systems, has appointed Christian Sonner as Head of Development. With the control expert, the company is strengthening its position in the field of digital products and control solutions in the photonics industry.
Objectives and Key Results, or OKR for short, is a management system for employee management and serves as a framework for setting objectives and measuring key performance indicators. OKRs can be used to motivate employees and establish a modern communication culture within the company.

Family business electrical components
The company Franz Binder Elektrische Bauelemente has announced that company founder Franz Binder passed away on May 20 at the age of 90. The senior partner had handed over the management of the company to his son Markus Binder in 2014.

Forterro, a consortium of international ERP software companies backed by Battery Ventures, today announces the agreement to acquire abas Software.

Proxia's new Measures Manager is a software tool that enables a company to implement a digital continuous improvement process (CIP) for its production by eliminating individual imponderables from production.

Hoffmann SE has appointed Martin Reichenecker as Spokesman of the Executive Board with immediate effect. He will retain his function as Chief Sales & Marketing Officer (CSO).
Schaeffler AG has sold the Barden plant in Plymouth. The Group also acquired the company Xtronic. In addition, two new members were elected to the Supervisory Board at the Annual General Meeting.
The Board of Directors of ABB and CEO Ulrich Spiesshofer have agreed that he will step down from the position he has held since 2013. The Chairman of the Board of Directors, Peter Voser, will also assume the position of interim CEO with immediate effect.