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SCHWEIZER extends its Executive Board: Dr. Rolf Merte is appointed as Chief Executive Officer

Schramberg, September 28, 2018 - The Supervisory Board of Schweizer Electronic AG decided today to appoint Dr. Rolf Merte as a member of SCHWEIZER's Executive Board for the period of five years and to designate him as the new Chairman.

DGAP-Ad-hoc: Schweizer Electronic AG / Key word(s): Change of Personnel
Schweizer Electronic AG: SCHWEIZER extends its Executive Board - Dr. Rolf Merte is appointed as Chief Executive Officer

28-Sep-2018 / 13:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


SCHWEIZER extends its Executive Board: Dr. Rolf Merte is appointed as Chief Executive Officer

Schramberg, September 28, 2018 - The Supervisory Board of Schweizer Electronic AG decided today to appoint Dr. Rolf Merte as a member of SCHWEIZER's Executive Board for the period of five years and to designate him as the new Chairman.

In view of the huge investment in China and the forthcoming market introduction of the embedding technology Dr. Rolf Merte will make an important contribution to the successful implementation of the company strategy and together with his board colleagues Nicolas Schweizer and Marc Bunz pursue the adopted strategy of growth and internationalisation. Depending on his personal availability, Dr. Merte will start his new position as CEO of Schweizer Electronic AG latest on April 1st, 2019.

Dr. Merte studied electrical engineering at the Technical University of Berlin with special emphasis on theoretical electrical engineering and later on a focus on electrical machines and high frequency technology. After having been active in the research field for several years not only in Berlin, but also at the CERN in Switzerland as well as in Stanford, he held top management positions in various international technology companies of the automotive supply industry, the machinery and plant engineering as well as the industrial automation technology sectors for a long period of years.


Contact:
Elisabeth Trik
Investor Relations
Phone: +49 7422 512 302
Fax: +49 7422 512 397
ir@schweizer.ag