12.12.2017 18:00:28

SIKA ESTABLISHES NEW, STRONG REGION AMERICAS - NORTH AND LATIN AMERICA REGIONS MERGED

Sika AG / SIKA ESTABLISHES NEW, STRONG REGION AMERICAS - NORTH AND LATIN AMERICA REGIONS MERGED . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

The Board of Directors of Sika has decided to set up a new, strong region Americas. The aim is to create a more efficient supply chain and benefit from larger purchasing volumes in the closely intertwined regions of North and Latin America. This change will take effect as of March 1, 2018.

The new region will be headed by Christoph Ganz, currently Regional Manager North America. José Luis Vazquez, the present Regional Manager Latin America, will leave Group Management from March 1, 2018. He will remain in the company to support the new structure and further development of the region. José Luis Vazquez has led Latin America for many years, and the region has shown exceptional performance under his leadership. The Board of Directors wishes to thank José Luis Vazquez for his excellent work and for his many years of service as a member of Group Management.

Paul Schuler, CEO: "This change is a further step towards making the company even more efficient and gearing activities towards growth with a clear customer focus. I have no doubt that, with our new structure and the experienced Group Management team, we will strengthen the implementation of our strategic targets 2020."

CONTACT
Dominik Slappnig
Corporate Communications &
Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com

SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and automotive industry. Sika has subsidiaries in 99 countries around the world and manufactures in over 200 factories. Its more than 17,000 employees generated annual sales of CHF 5.75 billion in 2016.

The media release can be downloaded from the following link:




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Source: Sika AG via Globenewswire

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Sika AG
Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;


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