The Austrian glassmaker has announced the appointment of Dr. August Grupp as its incoming CEO. He succeeds Georg Feith, who is transitioning to a new leadership role within CAG Holding, Stoelzle’s mother company, after a five-year tenure.

August Grupp is the son of Dr. Cornelius Grupp, who has owned Stoelzle Glass Group since 1987.

Dr. August Grupp comes well prepared to his new role, having held several key leadership positions within the group since 2019,” said Stoelzle Glass Group in a statement. “In his last position, he served as the Head of the Business Unit Spirits, driving substantial growth in the company’s largest Business Unit.” From 2021, he also oversaw the commercial and production operations of Anchor Hocking, the glassworks acquired by the group in the United States.

Mr. Grupp holds a Master of Science in Mechanical Engineering from ETH Zurich, an MBA from INSEAD in Singapore and France, and a PhD from the Sophia University in Tokyo.

Reflecting on his new role, August Grupp stated, “I am proud to be entrusted as CEO of Stoelzle Glass Group. I am fully committed to upholding my responsibilities in ensuring the company’s continuous growth while preserving our family values.

Dr. Cornelius Grupp, Chair of Board and the owner of Stoelzle Glass Group, expressed his excitement of the beginning of a new chapter, stating, “I am very happy that my son is stepping into the new role of CEO. I trust his abilities to lead and manage the company for the good and the long term.