Kaba streamlines segment and management structure
Kaba Group is streamlining its segment and management structure with effect from 1 July 2012, i.e. from the beginning of the 2012/2013 financial year. The aim of this is to exploit synergy potential more effectively, especially in the American market.
Following these changes, the existing Industrial Locks Business Segment, which comprises the two business areas Safe Locks and Wah Yuet (production facility), will be disbanded as an independent segment. Safe Locks will be integrated into the Access + Data Systems Americas Business Segment, and Wah Yuet into the Access + Data Systems EMEA/Asia Pacific Business Segment. As a result, the operational Group structure will consist of three segments from 1 July 2012: Access + Data Systems EMEA/Asia Pacific, Access + Data Systems Americas and Key Systems.
This streamlining of the segment structure also entails changes to the management structure. The former Head of Industrial Locks, Carl Sideranko, will now be responsible as COO for Access + Data Systems Americas. Frank Belflower, who previously headed this segment, remains COO North America of Key Systems and will now also be responsible for the Business Development.