||Tubingen, Germany — Walter AG has named Mirko Merlo President of the company. Merlo had been the company's Executive Vice President and a member of the board. He succeeds the outgoing 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 the company 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.