CEO Succession Plan
(Thomson Reuters ONE) -
Sika AG /
CEO Succession Plan
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The Board of Directors of Sika AG and CEO Ernst Bärtschi have agreed that after
seven and a half years of successful engagement as chief executive officer,
Ernst Bärtschi will resign from his office as of May 2012 and enter retirement.
At that time he will have reached the age of 60.
To initiate the succession plan without time pressure and to guarantee
continuity in Sika's leadership, this announcement is being made in advance.
"The Board of Directors thanks Ernst Bärtschi for his committed engagement and
strong entrepreneurial performance. Already as chief financial officer and
thereafter as CEO, Mr. Bärtschi made a substantial contribution to Sika's
success," stated Walter Grüebler, Chairman of the Board.
Sika AG Contact: Dominik Slappnig,
Zugerstrasse 50 Corporate Communications & Investor Relations
CH-6341 Baar, Switzerland Tel.: +41 58 436 68 00
www.sika.com Fax: +41 58 436 68 50
slappnig.dominik(at)ch.sika.com
Sika AG Corporate Profile
Sika AG, located in Baar, Switzerland, is a globally active specialty chemicals
company. Sika supplies the building and construction as well as the
manufacturing industries (vehicle, appliance and building component production).
Sika is a leader in processing materials used in sealing, bonding, damping,
reinforcing and protecting load-bearing structures.
Sika's product range features high-quality concrete admixtures, specialty
mortars, sealants and adhesives, damping and reinforcing materials, structural
strengthening systems, industrial flooring as well as roofing and waterproofing
systems. Subsidiaries in more than 70 countries worldwide and approximately
12 500 employees link customers directly to Sika and ensure the success of all
our partners. Sika achieves annual sales of CHF 4.2 billion. Visit our website
atwww.sika.com.
The media release can be downloaded from the following link:
--- End of Message ---
Sika AG
Zugerstrasse 50 Baar
WKN: 858573;ISIN: CH0000587979;
Media Release:
http://hugin.info/100359/R/1474002/410399.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
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originality of the information contained therein.
Source: Sika AG via Thomson Reuters ONE
[HUG#1474002]
Unternehmensinformation / Kurzprofil:
Datum: 20.12.2010 - 06:01 Uhr
Sprache: Deutsch
News-ID 49858
Anzahl Zeichen: 3098
contact information:
Town:
Baar
Kategorie:
Business News
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