Corporate Governance

Corporate Governance

Board of Directors

Mr. Bond is the Chairman of Centiel’s Board of Directors. He has more than 30 years of senior executive experience in the power protection and UPS industry, including as managing director of Benning UK Ltd, managing director of Emerson Network Power (later Vertiv), managing director of Uninterruptible Power Supplies Ltd (UPSL), and Chief Executive Officer of Newave Energy. Mr. Bond is also the author of the UPS Handbook and the IETpublished “Ilities” series of technical white papers, and is recognized as an experienced leader in the field of critical power infrastructure.

Education: Higher National Diploma (HND) in Electronics and Communications Engineering, Reading College of Technology; certificates from the Institute of Directors

Chief Executive Officer
Mr. Lecuona is a co-founder of Centiel, a member of Centiel’s Board of Directors and Chief Executive Officer. He began his career in UPS R&D roles, joining Newave Energy AG in 2008 as an R&D Engineer before advancing through positions including R&D project manager, head of R&D and subsequently R&D technology director at ABB Power Protection following ABB’s acquisition of Newave SA. Since co-founding Centiel in 2015, he has led the development of the company’s international partner network, and the market introduction of its fourth-generation fault-tolerant modular UPS systems.

Education: Bachelor’s degree in Electrical and Electronics Engineering, Universidad de Guadalajara; Master’s degree, USI Università della Svizzera italiana; MBA, MIP Politecnico di Milano.

Chief Operations Officer
Mr Marbach has a degree by ETHZ as an Eletrotecnic Engineer. Mr. Marbach began his career in 1984 in the R&D department of Invertomatic SA. In 1993, he co-founded Newave SA, where he served in senior leadership roles, including chief technology officer, chief operating officer and member of the board of directors of the holding company. During his tenure at Newave SA, Mr. Marbach led the development of several milestone technologies in the UPS sector, including the world’s first three-phase transformerless UPS (1996) and the world’s first three-phase true modular UPS (2000), followed by subsequent second- and third-generation modular UPS systems that became global benchmarks for efficiency and availability at the time. Newave went public in 2007, and Mr. Marbach was at the time the COO. Following ABB’s acquisition and delisting of Newave SA in 2012, Mr. Marbach left the company after completing the integration. Subsequently, he co-founded Centiel SA in 2015 with former Newave SA engineers to advance next-generation UPS system architecture. At Centiel, he led the development of the fourth generation of three-phase modular UPS technology, including the company’s flagship CumulusPower™ platform known for its “nine-nines” availability and enhanced Distributed Active-Redundant Architecture (DARA).

Mr. Leutenegger is a member of Centiel’s Board of Directors, entrepreneur and investor. He previously served as Chief Financial Officer and Executive Vice President of VAT Group AG, and later as CFO and Senior Vice President of Amann. Girrbach AG. Currently he is an entrepreneurial investor and a non-executive director at ATH PLM AG , a member of the Board of Directors at R&S Group Holding AG and Chairman of Spicit Ventures GmbH, qiio Switzerland AG and HT5.

Education: Degree in Business Administration, University of St. Gallen (1994); Swiss Certified Public Accountant (CPA); Advanced Management Program, Harvard Business School (2004).

Mr. Greber is a member of Centiel’s Board of Directors, entrepreneur and private investor with a background in corporate finance and capital markets. He held various positions at banks before founding zCapital AG (2008), which manages Swiss equity investments in Swiss funds, and zRating AG (2014), a corporate governance proxy service provider later sold to Inrate AG. In 2014, he co-founded Veraison Capital AG and, in 2021, VT5 AG, a special purpose acquisition company, which acquired R&S International Holding AG in 2023. Since 2023, he has focused on private investment and board mandates as an independent entrepreneur. Mr. Greber is founder, Chairman, and CEO of CHELS AG, Uerikon.

Education: Degree in Business Administration, Kaderschule Zürich (KSZ).

Mr. Detweiler is a member of Centiel’s Board of Directors. Mr. Detweiler held various positions as analyst and consultant. He co-founded Veraison Capital AG (2014) along with Mr. Greber. He also co-founded VT5 AG, Switzerland’s first special purpose acquisition company, which successfully took R&S International Holding AG to the Six Stock Exchange.

Education: Masters’ Degree in Chinese and Islamic Studies and a PhD in Chinese studies, University of Freiburg (Germany).

Executive Leadership Team

Chief Executive Officer
Mr. Lecuona is a co-founder of Centiel, a member of Centiel’s Board of Directors and Chief Executive Officer. He began his career in UPS R&D roles, joining Newave Energy AG in 2008 as an R&D Engineer before advancing through positions including R&D project manager, head of R&D and subsequently R&D technology director at ABB Power Protection following ABB’s acquisition of Newave SA. Since co-founding Centiel in 2015, he has led the development of the company’s international partner network, and the market introduction of its fourth-generation fault-tolerant modular UPS systems, Education: Bachelor’s degree in Electrical and Electronics Engineering, Universidad de Guadalajara; Master’s degree, USI Università della Svizzera italiana; MBA, MIP Politecnico di Milano.

Chief Operations Officer
Mr. Marbach is co-founder of Centiel, member of Centiel’s Board of Directors and Chief Operations Officer, responsible for the company’s UPS technology. He began his career in 1984 in the R&D department of Invertomatic SA, before co-founding Newave SA in 1993, where he served as Chief Technology Officer, Chief Operating Officer and as a member of the Board of Directors, leading the development of the world’s first three-phase transformerless UPS (1996) and the world’s first three-phase true modular UPS (2000).Following ABB’s acquisition and delisting of Newave SA in 2012 he co-founded Centiel SA in 2015, where he has led the development of the fourth generation of three-phase modular UPS technology, including the company’s flagship CumulusPower™ platform. Education: Degree in Eletrotecnic Engineering, ETH Zürich.

Mr. Doria is Chief Financial Officer at Centiel with international senior management experience across consumer and luxury goods companies. He began his career in 1989 as an auditor at Price Waterhouse in Italy before joining the Olivetti Group, and from 1996 onwards, held senior management positions including Logitech International SA, Skullcandy International SA, and the O’Neill Group. He was General Manager of GTF S.p.A., a manufacturer of luxury watch components and jewelry (2019-2021), and served as Executive Board Member of Belimport SA, acting as interim manager to support a generational transition. He continues to serve as a member of the Board of Directors of Belimport SA. Education: MBA, Universita degli Studi di Torino.

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