Daetwyler : 13. October 2017, Claude R. Cornaz nominated for Datwyler’s Board of Directors

13. October 2017

The Board of Dätwyler Holding Inc. has decided to nominate Claude R. Cornaz for election, as a new Director at the Annual General Meeting to be held on 6 March 2018. At the same General Meeting, Ernst Odermatt will step down from Datwyler's Board, having reached retirement age.

Since early 2000, Claude R. Cornaz has been Delegate of the Board of Directors and CEO of the Vetropack Group, which generates annual revenue of some CHF 600 million and employs 3,200 people. The independent, listed, family-owned company has its registered office in Switzerland and is among the leading manufacturers of glass packaging for the European food and beverage industry. As a member of the family, which is the majority shareholder, 56-year-old Claude R. Cornaz has spent 18 years driving sustainable development at Vetropack. He will step down as CEO at the end of 2017 and will be nominated for election as Chairman of the Board at the 2018 Annual General Assembly. Claude Cornaz has a degree in mechanical engineering from the BWI Center for Industrial Management at ETH Zurich and he has served, amongst others, on the Board of Directors of the listed Bucher Industries Group since 2002.

'Claude R. Cornaz will be a strong personality to the Datwyler Board of Directors,' explains Paul Hälg, Chairman of Dätwyler Holding Inc. 'By taking a long-term view and managerial approach, he has ensured that the Vetropack Group is strategically well-positioned and built on firm financial foundations despite its challenging environment. His entrepreneurial flair makes him the ideal addition to our Board.'

Datwyler Group (www.datwyler.com)
The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. With its technological leadership and customised solutions, the Group delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Sealing Solutions division is a leading supplier of custom sealing solutions to global market segments, such as the health care, automotive, civil engineering and consumer goods industries. The Technical Components division is one of Europe's foremost high-service distributors of maintenance, automation, electronic and ICT components and accessories. With a total of some 50 operating companies, sales in over 100 countries and more than 7'000 employees, the Datwyler Group generates annual revenue of more than CHF 1'200 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security number 3048677).

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Portrait picture of Claude R. Cornaz

Enquiries: Guido Unternährer, Head Corporate Communications, T [phone]

Photos (in print quality):
www.datwyler.com > Media > Image Library www.datwyler.com/en/media/image-library.html

Financial Calendar
Annual Press Conference and Analyst Conference 6 February 2018
Annual General Meeting 6 March 2018
Interim Report 2018 10 August 2018