Fives Group Executive and Leadership Team

August, 2026

Leadership Overview

Fives Group has 7 executives leading key functions including strategy, financial oversight, and regional industrial operations.

Driven by a commitment to engineering excellence, Fives Group designs and supplies advanced machines and process equipment to global markets while maintaining a legacy of industrial innovation since 1812.

Leadership Roles at Fives Group

  • Chief Executive Officer - Jean-Francois Larouche
  • President & Chief Executive Officer - Stephan Paech
  • President, Chief Executive Officer - Daniel Balcer
  • Chief Financial Officer - Dustin Wischmeyer
  • Chief Financial Officer (North America) - Elisa Dumoulin
  • President - John Stencel
  • President - Khalid Rbita
  • Jean-Francois Larouche - Chief Executive Officer

    Jean-Francois Larouche, the Chief Executive Officer at Fives Group, directs the overarching strategic vision for the industrial engineering portfolio. Larouche architects long-term growth initiatives by aligning machine design capabilities with evolving multi-sector market demands. By overseeing global operational standards, the Chief Executive Officer ensures that engineering outputs meet rigorous quality benchmarks across international facilities. This leadership role involves constant collaboration with the board to optimize capital allocation and drive technological advancement in process equipment. Jean-Francois Larouche maintains a focus on sustainable manufacturing practices, ensuring that the organization remains at the forefront of industrial efficiency. Through the implementation of high-level performance metrics, the Chief Executive Officer secures competitive advantages in complex engineering landscapes. Ultimately, Larouche fosters a culture of technical precision that supports the broader mission of delivering sophisticated industrial solutions to a diverse global client base.
    Jean-Francois Larouche

    Stephan Paech - President & Chief Executive Officer

    Stephan Paech, the President & Chief Executive Officer at Fives Group, manages the integration of complex industrial systems within the broader corporate framework. Paech drives the execution of large-scale engineering projects, ensuring that machine supply chains remain robust and responsive to client requirements. Overseeing the alignment of technical departments, the President & Chief Executive Officer facilitates seamless communication between design teams and manufacturing units. This leadership role requires constant monitoring of market trends to adjust production strategies accordingly. Stephan Paech prioritizes the development of high-performance equipment that addresses specific industrial challenges, thereby enhancing the overall market position of the organization. By streamlining internal processes, the President & Chief Executive Officer improves operational agility and project delivery timelines. Paech consistently evaluates performance data to refine engineering methodologies, ensuring that the company delivers superior value through advanced technological integration and reliable industrial machinery solutions.

    Daniel Balcer - President, Chief Executive Officer

    Daniel Balcer, the President, Chief Executive Officer at Fives Group, oversees the strategic expansion of industrial engineering capabilities across key market segments. Balcer directs the development of specialized process equipment, ensuring that every machine design adheres to the highest standards of industrial performance. By coordinating cross-functional teams, the President, Chief Executive Officer optimizes resource allocation to support complex engineering projects. This leadership role involves identifying emerging opportunities for technological innovation within the manufacturing sector. Daniel Balcer maintains a rigorous focus on operational excellence, driving initiatives that enhance productivity and reduce lead times for global clients. Through the application of advanced engineering principles, the President, Chief Executive Officer strengthens the competitive standing of the organization. Balcer consistently evaluates project outcomes to ensure alignment with corporate objectives, ultimately fostering a environment where technical expertise translates into tangible industrial success and long-term growth for the entire enterprise.

    Dustin Wischmeyer - Chief Financial Officer

    Dustin Wischmeyer, the Chief Financial Officer at Fives Group, governs the financial health and fiscal strategy of the industrial engineering group. Wischmeyer architects comprehensive budgeting frameworks that support the design and supply of complex machines. By overseeing global financial reporting, the Chief Financial Officer ensures transparency and compliance across all international operations. This leadership role involves managing capital investments to fuel technological research and development. Dustin Wischmeyer analyzes market volatility to mitigate risks associated with large-scale industrial projects. Through the optimization of cost structures, the Chief Financial Officer improves profit margins and supports sustainable business growth. Wischmeyer collaborates with executive leadership to align financial resources with strategic priorities, ensuring that the organization maintains a strong balance sheet. Ultimately, the Chief Financial Officer provides the fiscal stability necessary for the company to continue delivering high-quality engineering solutions to a diverse and demanding global industrial market.

    Elisa Dumoulin - Chief Financial Officer (North America)

    Elisa Dumoulin, the Chief Financial Officer (North America) at Fives Group, directs all financial operations and fiscal planning within the North American market. Dumoulin architects regional financial strategies that support the deployment of industrial machines and process equipment across the continent. By overseeing local accounting practices and tax compliance, the Chief Financial Officer (North America) ensures that regional activities remain profitable and efficient. This leadership role involves managing regional cash flow and investment portfolios to support local engineering initiatives. Elisa Dumoulin analyzes regional economic indicators to provide actionable insights for the broader executive team. Through the implementation of robust financial controls, the Chief Financial Officer (North America) mitigates operational risks and enhances regional performance. Dumoulin consistently monitors project budgets to ensure that North American operations contribute effectively to the global mission of the company, ultimately securing the financial foundation for continued industrial expansion and service excellence.

    John Stencel - President

    John Stencel, the President at Fives Group, leads the operational execution of industrial engineering projects with a focus on internal process optimization. Stencel directs the daily activities of manufacturing teams to ensure that machine production meets strict quality and safety standards. By overseeing the integration of new technologies into existing workflows, the President enhances the efficiency of the supply chain. This leadership role involves fostering collaboration between engineering departments to streamline the development of process equipment. John Stencel monitors project timelines and resource utilization to ensure that client expectations are consistently met. Through the application of lean manufacturing principles, the President drives continuous improvement across all production facilities. Stencel evaluates operational data to identify bottlenecks and implement effective solutions, ultimately ensuring that the organization maintains its reputation for delivering reliable and high-performance industrial machinery to a global customer base.

    Khalid Rbita - President

    Khalid Rbita, the President at Fives Group, manages the strategic deployment of industrial engineering solutions within specific high-growth market sectors. Rbita directs the development of specialized machine applications, ensuring that technical designs address the unique requirements of industrial clients. By overseeing the expansion of service capabilities, the President enhances the value proposition of the company in competitive environments. This leadership role involves building strong relationships with key stakeholders to drive project success and market penetration. Khalid Rbita monitors the performance of engineering teams to ensure that all deliverables align with corporate quality standards. Through the implementation of innovative project management strategies, the President improves the speed and accuracy of equipment delivery. Rbita consistently analyzes market feedback to refine product offerings, ultimately ensuring that the organization remains a preferred partner for complex industrial engineering projects and continues to deliver superior technical results globally.
    Khalid Rbita

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    Frequently Asked Questions Regarding Fives Group Top Executives and Leadership Team

    Who leads Fives Group?
    Fives Group is led by Jean-Francois Larouche (Chief Executive Officer), along with executives such as Stephan Paech (President & Chief Executive Officer) and Daniel Balcer (President, Chief Executive Officer).
    Who is part of Fives Group’s executive team?
    The executive team of Fives Group includes leaders such as Jean-Francois Larouche (Chief Executive Officer), Stephan Paech (President & Chief Executive Officer), Daniel Balcer (President, Chief Executive Officer) and other senior executives.
    How many executives does Fives Group have?
    Fives Group has 7 executives leading key business areas.
    What roles are included in Fives Group’s leadership team?
    The leadership team of Fives Group includes roles such as Chief Executive Officer, President & Chief Executive Officer, President, Chief Executive Officer, Chief Financial Officer, Chief Financial Officer (North America).