The Landis+Gyr board of directors has promoted Richard Mora to CEO succeeding Andreas Umbach, who has become Landis+Gyr’s executive chairman.
“I am extremely proud to be Landis+Gyr’s new CEO. The company is a 121-year-old icon within the industry, so being entrusted with this position and being given the chance to lead our 6,000 incredibly talented employees serving the leading utilities around the world, is a great honor,” Richard Mora said.
Prior to being the chief operating officer, Mora, a 17-year veteran of Landis+Gyr, was the executive vice president for the company’s Americas region.
In his role as executive chairman, Umbach will remain an officer and employee of the company, shifting his focus to helping drive strategic direction and managing the company’s board for many years to come.
“I am tremendously pleased by what Landis+Gyr’s management team has accomplished over the years in transitioning the company from a dedicated metering provider, to offering our customers the most advanced networking and IoT solutions in the industry. Richard has been a key contributor during this effort and for that reason this promotion is so well deserved. I look forward to the continued development of our portfolio to help the world manage energy better,” concluded Umbach.