At the 120th Annual Shareholders' Meeting of Georg Fischer Ltd. held on 23 March 2016, the shareholders elected Riet Cadonau as new member of the Board. After serving on the Board for 18 years, Ulrich Graf is stepping down upon reaching the statutory retirement age. Riet Cadonau, CEO of the dorma+kaba Group, Rümlang (Switzerland), was elected as new member of the Board of Directors.

The meeting also approved the distribution of a dividend amounting to CHF 18 per share for 2015 against CHF 17 for the previous year.