Change to the Board of Directors of Conzzeta AG

Michael König nominated as successor to Werner Dubach

Zurich, August 2, 2018 – The Board of Directors of Conzzeta AG has nominated Michael König for the next Annual General Meeting on April 16, 2019 as a new member of the Board of Directors. He will replace Werner Dubach, who will step down from the board after 25 years.

Michael König, born in 1963, a German national, has been CEO of the China National Bluestar Group (part of ChemChina) since 2016. Before that, he worked in various roles for the life sciences company Bayer from the early nineties onwards, most recently as the executive committee member responsible for Asia, Africa, Middle East, Manufacturing, Human Resources and Sustainability & Environment. During his time at Bayer, Michael König not only led high-revenue units; he also managed small operative units, production facilities and joint ventures in China. Michael König has particularly extensive experience with polyols and isocyanates (TDI, MDI), the most important raw materials for Conzzeta’s Chemical Specialties segment. Thanks to many years spent working in China, König is very familiar with the country as a production location and sales market. He has a Master’s in Chemical Engineering from the Technical University of Dortmund.

Subject to his election, he will replace Werner Dubach. Werner Dubach has been part of the Board of Directors of Conzzeta AG since 1993 and will not be available for re-election in 2019. Over the decades, he has had a significant influence on Conzzeta’s development, including on key staffing decisions and on the strategy process in recent years. As a member of the Human Resources Committee, he also had a decisive impact on the development of a forward-looking personnel strategy and the introduction of a performance-based compensation structure.

On behalf of the Board of Directors of Conzzeta AG, Ernst Bärtschi, Chairman of the Board, commented: “We would like to thank Werner Dubach for his longstanding and sustainable impact as part of the Board of Directors of Conzzeta AG, which we will address in greater detail at the next General Meeting. He brought valuable entrepreneurial experience and always provided critically constructive input on pioneering topics. We are also very happy to present Michael König as a candidate with proven specialist knowledge and leadership experience in the global chemicals business. With his network and specific in-depth knowledge of Asian markets, he will help us to further develop and expand our position in Asia.”

For further information please contact:
Michael Stäheli, Head Investor Relations & Corporate Communications
Phone +41 44 468 24 84
media@conzzeta.com

About Conzzeta
Conzzeta is a broadly diversivied Swiss group of companies. It stands for innovation, market orientation and a long-term perspective. Conzzeta strives for leading positions in its global target markets, above-average growth and long-term value creation. More than 5000 employees at over 60 locations worldwide aim to be "best choice" for customers, offering innovative solutions in Sheet Metal Processing, Sporting Goods, Foam Materials, Graphic Coatings and Glass Processing. Conzzeta AG is listed on the SIX Swiss Exchange (SIX:CON).


 

Schmid Rhyner: New Trend – Digital print coating appeals from beginning to end

Adliswil, November 15, 2018 – Everyone is talking about digital printing and digitalisation. Schmid Rhyner AG and their partner have the digital solution for print finishing.

keyboard_arrow_right

Mammut: WE CARE - Transparent Sustainability Goals

Seon, November 15, 2018 - In a further logical step towards embracing the leading role in responsible production, Mammut has published its Corporate Responsibility goals for the next five years. The plan provides a transparent overview of the successes and challenges inherent in the production of sustainable products. Working on a timescale until 2023, the outdoor company intends to significantly reduce the environmental footprint of its collections and ban environmentally damaging substances from supply chains. In addition, Mammut ensures fair working conditions in production and the origin of animal materials from responsible sources.

keyboard_arrow_right

Conzzeta evaluates divestment of Glass Processing segment

Zurich, November 7, 2018 – Conzzeta evaluates divestment opportunities for the Glass Processing segment with the purpose to reduce complexity and to focus the Group’s business portfolio. The Group is in discussions with potentially interested parties.

keyboard_arrow_right