Joe Haggerty was promoted to CEO of IonBond Group, effective immediately. Haggerty has extensive experience in global industrial management in the fields of surface technologies. Over the last few years, he was head of the Optics Division of Oerlikon, based in Liechtenstein, Switzerland. "Based on his achievements to date and his track record in his previous functions, Joe Haggerty is the ideal person for this position," says chairman Heinz Kundert. Ionbond supplies of thin-film PVD, PaCVD and CVD equipment and coating services for cutting tools, stamping.