Peter Färber became CEO of Consolidated Grünenfelder Saady Holding Company (CGS) in early 2018. He stepped down due to personal reasons as he planned to retire from full-time employment. Färber began his retirement after 48 years in the professional world. As an authentic leader with a focus on customers, innovation and organizational excellence, he was instrumental in identifying opportunities for the development and launch of several new product lines, enabling CGS to expand into new market segments using existing core competencies.
Under Färber's leadership, CGS, with almost 50 years of innovation, became a leader in refrigeration and cold chain solutions vital to Saudi Arabia's progress. During his tenure as CEO, he navigated change, strengthened the company's foundations, and kept moving forward with resilience and ambition culminating in CGS's successful listing on the Main Market of the Saudi Exchange.
Career history
- CEO, Consolidated Grünenfelder Saady Holding Company (CGS), 2018–2026
- Managing Director UK and Global Transition Manager (post-merger integration), Kaba Group (now DormaKaba), 11 years total
- Product Manager, Sales Manager, and Marketing Director, Hilti Group, 9 years total
- Project Engineer for heating and refrigeration projects in Switzerland (career start)
Färber's international career reflected his passion for people and cultures, having lived in 7 countries across 3 continents. He holds a BSc in Economics & Business (Betriebsökonom HWV) with focus on Economics, Marketing, and Finance from University for Applied Science, Zurich (1989–1992).
What Peter Färber could bring to his leadership tenure at CGS: With three decades spanning from project engineering through multinational industrial operations at Hilti and complex post-merger integration management at Kaba/DormaKaba, Färber brought deep expertise in managing organizational change and operational excellence. His background in heating and refrigeration engineering, combined with commercial leadership experience across multiple geographies, positioned him to drive CGS's market expansion and oversee its successful public offering—demonstrating his capacity to navigate strategic transformations and build shareholder value in industrial manufacturing sectors.
Facts compiled by Executive Moves from publicly available news and press releases on 31 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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