Mirko Merlo Named President of Walter

Metalworking industry veteran Mirko Merlo will succeed Andreas Evertz who becomes president of the Sandvik Machining Solutions Division

Tübingen - Walter AG, one of the world's largest suppliers of industrial cutting tools and parent company of Walter USA, LLC, Waukesha, WI, has announced that Mirko Merlo will become President of the company effective January 1, 2012. Merlo is currently the company's Executive Vice President and a member of the board. He succeeds the current President, Andreas Evertz who will become President of Sandvik Machining Solutions of which Walter is part.

Mr. Merlo has held a variety of positions since joining Walter in 1984. Among other duties, he was responsible for the company's business operations in Brazil, the United Kingdom and Italy and was President of the Western Europe region.

"His many years of experience at Walter, his comprehensive knowledge of metalworking and his international experience in various management positions have given Mirko Merlo a high professional standing in the industry and created an excellent network," says Mr. Evertz.

"I am very much looking forward to my new responsibilities at Walter," says Merlo. "In recent years, Walter has developed into an international company with subsidiaries in all the important markets of the world. We are ideally placed to master the challenges of the future and further expand our position as competence leader in machining."

Walter USA, LLC offers an extensive line up of cutting tools for milling, drilling, turning, boring and specialized tooling for unique applications through its competence brands Walter Valenite, Walter Titex and Walter Prototyp. As well as multi-level service programs through its Walter Multiply brand. Headquartered in Waukesha, Wisconsin the company has a strong network of distributors and field engineers across North America. The Walter name is synonymous with productivity, thanks to more than 80 years of developing cutting tools and inserts that set new standards in production. Walter USA, LLC combines over 75 years of U.S.-based tooling production with long-standing traditions of quality and innovation.


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