Peter Frei, CEO of the PANTEC print decoration business, has passed away
The PANTEC Group (Ruggell, Liechtenstein) is sad to announce that Peter Frei, CEO of the PANTEC print decoration business, has passed away unexpectedly due to an accident on 29 April 2018. The company extends its deepest condolences to his wife and three children, as well as his relatives.
Frei was born on 30 June 1963 in Zürich, Switzerland. In 1988 he graduated from ETH Zürich as a mechanical engineer and started working as a development engineer and project manager. In 1996, he began his career in the printing industry as a director of new business development & system sales before joining PANTEC in 2008. During the next 10 years, he transformed the newly formed print decoration business unit into a leading player in the field of hot foil embossing machines with three product lines for narrow and wide web.
Everybody at PANTEC highly respected Frei’s vision and expertise, with which he led the company to great success. Sparking a paradigm shift amongst the industry was one of his greatest achievements. He convinced printing houses worldwide to change their production concepts to in-line processing, allowing them to utilise PANTEC’s high performance hot foil embossing technology for greater efficiency.
“Peter was not only a great business developer with technical aptitude and tenacity, but also a passionate leader, building up a very strong team around him with extensive application and engineering know-how. Through this, he was able to achieve an outstanding market position in such a short time”, says Reinhard Braun, Pantec owner and chief executive officer. “I will always remember Peter as a great entrepreneur with an inspiring personality and a huge passion for the printing industry.”
The company will soon commence the process of appointing a successor for Peter. Meanwhile, Reinhard Braun, CEO of Pantec Group, will direct the business.