Press Release: Board of Directors proposes Ernst Bärtschi as new Chairman of Conzzeta AG

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   October 03, 2013 01:01 ET (05:01 GMT)- - 01 01 AM EDT 10-03-13

-2 of 2- 03 Oct 2013 05:01:00 UTC  Press Release: Board of Directors proposes Ernst Bärtschi as new Chairman of Conzzeta AG

Conzzeta AG / Board of Directors proposes Ernst Bärtschi as new Chairman of Conzzeta AG . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Zurich, October 3, 2013 - After 30 years in office, Jacob Schmidheiny is to step down as Chairman of the Board of Directors of Conzzeta AG at the next General Meeting. The Board of Directors is proposing that shareholders elect Ernst Bärtschi as his successor.

Ernst Bärtschi (61) studied economics at the University of St. Gallen. He is an experienced executive and leading figure in the Swiss business world. After holding various positions at Nestlé and Schindler, he joined construction chemicals manufacturer Sika AG, initially as CFO, then serving for seven years, until 2012, as CEO. During this period, he played a leading role in the company's expansion into Asia and contributed significantly to increasing its profitability. He is a member of the board of directors of Bucher Industries AG, a nonexecutive director of the construction materials supplier CRH plc (Ireland) and a member of the advisory board of private equity investors CRCI (China).

Jacob Schmidheiny has been with Conzzeta AG for 40 years. He became a member of the Board of Directors in 1977 and Chairman in 1984. From 1978 to 2001, he was also responsible for operational management of the company as CEO. Under his leadership, the then Zürcher Ziegeleien transformed itself from a construction materials company into an internationally active industrial holding company with seven business units, under the name of Conzzeta. Jacob Schmidheiny is stepping down as Chairman on reaching the age of 70, but will continue to serve the company as a member of the Board.

The Board of Directors of Conzzeta AG is confident that it has found a worthy successor as Chairman in Ernst Bärtschi. He attaches great importance to sustainable business development and has extensive experience in leading a Swiss company with long traditions and an international orientation. The Board and employees join in thanking Jacob Schmidheiny for his great service on behalf of Conzzeta AG. Thanks to his resolute action and a management style that focuses on people, the company successfully made the forward-looking transition from local construction materials company to international industrial group.

Ernst Bärtschi's election is set for the Ordinary General Meeting on 29 April 2014.

For further information please contact:

Christian Thalheimer, Head of Corporate Services

Phone +41 44 468 24 84

media@conzzeta.ch

Conzzeta Group is an internationally active Swiss holding company with approximately 3,600 employees worldwide. Its activities are in the areas of machinery and systems engineering, foam materials, sporting goods, graphic coatings and real estate. Conzzeta's shares are listed on the SIX Swiss Exchange (SWX:CZH).

The Media Release and a Photo can be downloaded from the following links:

Media release (PDF): http://hugin.info/100413/R/1733002/579938.pdf Portrait Schmidheiny Bärtschi (jpg) http://hugin.info/100413/R/1733002/579939.jpg

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(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the

information contained therein.

Source: Conzzeta AG via Thomson Reuters ONE

HUG#1733002

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Conzzeta AG

Giesshübelstrasse 45 Zürich Switzerland

WKN: 265798;ISIN: CH0002657986;

http://www.conzzeta.ch (END) Dow Jones Newswires

   October 03, 2013 01:01 ET (05:01 GMT)- - 01 01 AM EDT 10-03-13