Integrated Systems

Vanderbilt CFO

by Mark Rowe

Vanderbilt, the safety and security product company, has announced the addition of Jürgen Schnöbel, pictured, as Chief Financial Officer.
 
Schnöbel has worked in the security industry since 2001. Over the past 12 years, he has served as the Vice President of Finance for HID Global with worldwide responsibility for its business units AdvanIDe and Identification Technologies (IDT), as well as for GovID and Identity Access Management (IAM) in the EMEA region. In his time at HID Global, the AdvanIDe business more than tripled in sales revenue. He also was responsible for consolidating the corporate legal structure in Europe, various restructuring programmes, and the adoption of internal improvement processes that helped optimize workflows and service levels. He also has held senior-level positions with boeder Holding, Krone Kommunikationstechnik and Picker International. He holds an MBA from the University of Applied Science with an emphasis on accounting, taxes and audit.
 
Schnöbel said: “I am looking forward to being a part of Vanderbilt’s growing organization where I can offer my experience in corporate finance, accounting, business administration and process improvement to this expanding marketplace.”
 
Schnöbel will oversee financial management of the company from its new international headquarters in Wiesbaden, Germany, which was established in February as part of Vanderbilt’s agreement to acquire Siemens’ Security Products , part of the Siemens Building Technologies business. The acquisition is scheduled to close in the second quarter of 2015.

Joe Grillo, CEO, Vanderbilt, said: “Jürgen brings his extensive knowledge of finance and administration on a corporate level to the Vanderbilt team, which will help our company continue to build its presence in the global marketplace. His broad knowledge of corporate structure, compliance, financial reporting, IT and HR will serve Vanderbilt as we complete our acquisition of Siemens Security Products, and then improve and grow the business.”

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