Sika decides on successors

Sika decides on successors

ID: 55700

(Thomson Reuters ONE) -
Sika AG /
Sika decides on successors
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The issuer is solely responsible for the content of this announcement.

The Board of Directors of Sika AG has elected Paul Hälg to succeed current
Chairman Walter Grüebler. Paul Hälg will assume office following the next Annual
General Meeting on April 17, 2012. Jan Jenisch has been appointed new CEO of
Sika AG. Jan Jenisch, who is to take up his new position on January 1, 2012,
will be replacing Ernst Bärtschi.

The Board of Directors of Sika AG has nominated Paul Hälg as successor to Walter
Grüebler. Paul Hälg has been a member of the Board of Directors of Sika since
2009. He has been CEO of the Datwyler Group in Altdorf, Switzerland since 2004
and brings with him many years of experience from the manufacturing and
construction adhesives industries.

The Board of Directors has named Jan Jenisch as successor to current CEO Ernst
Bärtschi. Sika announced on December 20, 2010 that Ernst Bärtschi would be
taking early retirement in May 2012. His successor Jan Jenisch can draw on a
vast wealth of experience gained within the Sika Group. In 1996, he joined Sika
as Project Manager for the Industry Business Unit. He was appointed General
Manager of the then newly acquired Tivoli AG Hamburg in 2000. He has been a
Member of Group Management since 2004, initially as Head of the Industry
Division and since 2007 as Regional Manager Asia/Pacific.

The changes at the helm of the Board and Group Management demonstrate the
company's commitment to continuity. The designated successors come from Sika's
ranks and have made key contributions to the Group's growth strategy over the
past years. As Board Chairman Walter Grüebler states: "In electing Jan Jenisch
new CEO, the Board of Directors has nominated a candidate from within the
company's own ranks whose considerable experience and impressive track record




equip him to take on his new role and continue the successful growth strategy."


Sika AG Contact: Dominik Slappnig
Zugerstrasse 50 Corporate Communications & Investor Relations
CH-6341 Baar, Switzerland Tel.: +41 58 436 68 21
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 industry as well as
manufacturing industries (automotive, bus, truck, rail, alternative energies,
building components). Sika is a leader in processing materials used in sealing,
bonding, damping, reinforcing and protecting load-bearing structures. Sika's
product lines feature 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. Worldwide local presence in 74 countries and some 13 500 employees link
customers directly to Sika and guarantee the success of all partners. Sika
generates annual sales of CHF 4.4 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/1524697/460455.pdf




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Source: Sika AG via Thomson Reuters ONE

[HUG#1524697]


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Datum: 20.06.2011 - 17:50 Uhr
Sprache: Deutsch
News-ID 55700
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