Corporate | 24 October 2013 11:10
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Schweizer Electronic AG / Key word(s): Change of Personnel/Contract
Schramberg, October 24, 2013 – On Wednesday this week and ahead of schedule, the Supervisory Board of Schweizer Electronic AG has reappointed Board Members Dr. Marc Schweizer and Nicolas Schweizer until 2018. Their contracts were previously ending July 2015 resp. March 2016. Dr. Marc Schweizer has been a member of the Executive Board since April 1, 2005 and was appointed CEO in 2007. Nicolas Schweizer is a member of the Executive Board since April 1, 2011. Based on the growing internationalisation of Schweizer Electronic AG, the company announced at the same time organizational changes on Board level, effective November 1, 2013. As of this point in time, Nicolas Schweizer, Chief Commercial Officer, and Bernd Schweizer, Chief Operating Officer, will be jointly responsible for the Division Electronic based in Schramberg, site of the company’s headquarters. The scope of responsibilities of Marc Bunz, Chief Financial Officer, will remain unchanged. In his current function, he is also accountable for the orchestrating of the Asian and European activities. In his function as CEO, Dr. Marc Schweizer will continue to concentrate on strategic topics and in parallel advance the internationalization of the company, particularly the collaboration with the cooperation partner Meiko Electronics. For this reason he will relocate his regular place of work to Asia in November. Thus, the Board of Directors will continue to jointly assume responsibility for the commercial interests of the Schweizer Group, its international sites and the various divisions. About Schweizer: Schweizer Electronic AG is a global best-in-class technology company, manufacturing premium PCBs, innovative solutions and services for automotive, solar and industry electronics. Based on recognized technology and consultancy competencies, SCHWEIZER’s products and systems address central challenges in the areas of Power Electronics, Embedding and System Cost Reduction and are characterized by energy and environmentally friendly features. Together with its partners Contag GmbH and Meiko Electronics Co. Ltd., the company offers in its division PCB cost and production optimised solutions for small, medium and large series and within this network employs more than 11,000 people in Germany, Japan, China and Vietnam. With about 700 employees SCHWEIZER achieved sales of 100.2 million Euro in Fiscal Year 2012 (ending December). The company was founded in 1849, is managed by family members and listed at the Stuttgart and Frankfurt Stock Exchanges (ticker symbol ‘SCE’, ‘ISIN DE 000515623’). For further information please contact
Susanne Schorn
End of Corporate News 24.10.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | Schweizer Electronic AG | |
| Einsteinstraße 10 | ||
| 78713 Schramberg | ||
| Germany | ||
| Phone: | 07422-512-301 | |
| Fax: | 07422-512-397 | |
| E-mail: | ir@schweizer.ag | |
| Internet: | www.schweizer.ag | |
| ISIN: | DE0005156236 | |
| WKN: | 515623 | |
| Listed: | Regulierter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin | |
| End of News | DGAP News-Service |
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| 236011 24.10.2013 |