02.02.2015 18:01:33
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Press Release: Conzzeta's CEO resigns
(MORE TO FOLLOW) Dow Jones Newswires
February 02, 2015 11:30 ET (16:30 GMT)- - 11 30 AM EST 02-02-15
-2 of 2- 02 Feb 2015 16:30:00 UTC Press Release: Conzzeta's CEO resigns
Conzzeta AG / Conzzeta's CEO resigns . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Zurich, February 2, 2015 - Conzzeta's Board of Directors and the group's CEO Robert Suter have decided to part company by mutual agreement. Chairman of the Board of Directors Ernst Bärtschi will lead the Group Executive Board on an interim basis and together with the business unit heads will continue to pursue the group's new strategic direction.
Conzzeta's Board of Directors and the firm's CEO Robert Suter have decided to part company by mutual agreement. The Board of Directors would like to thank Robert Suter for his great commitment as the CEO of Conzzeta. "In his six years as the group's CEO, Robert Suter has taken our very varied business units a long way forward in a complex environment. By focusing the business units, he has contributed substantially to the company's transformation process over the last 12 months," said Chairman of the Board of Directors Ernst Bärtschi.
Up until his departure, Robert Suter will take on special tasks on behalf of the Chairman. The search for a new CEO will be started immediately. In the meantime, Chairman of the Board of Directors Ernst Bärtschi is assuming the role of Delegate of the Board of Directors.
Despite the more difficult conditions caused by currency turbulence, Conzzeta is continuing the growth strategy it has initiated.
For further information please contact:
Ernst Bärtschi, Chairman of the Board of Directors
Phone +41 44 468 24 84
media@conzzeta.ch
Conzzeta Group is an internationally active Swiss holding company with 3,300 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 can be downloaded from the following link:
Media release (PDF): http://hugin.info/100413/R/1891070/669610.pdf
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Conzzeta AG via Globenewswire
HUG#1891070
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Conzzeta AG
Giesshübelstrasse 45 Zürich Switzerland
WKN: 265798;ISIN: CH0002657986;
http://www.conzzeta.ch (END) Dow Jones Newswires
February 02, 2015 11:30 ET (16:30 GMT)- - 11 30 AM EST 02-02-15
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