DKSH Management Ltd. / Key word(s): Corporate Action/Strategic Company Decision
Changes in DKSH's Executive Committee
04-March-2022 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53 LR
DKSH appoints Sam Oh, Chief Information Officer, as new member of the Executive Committee. At the same time, Daniel Culverhouse, currently Head Supply Chain Management, has decided to leave the company for personal reasons.
Zurich, Switzerland, March 4, 2022 - DKSH increases further its strategic focus on digitalization by appointing Sam Oh, Chief Information Officer, to the Executive Committee.
Sam Oh, who joined DKSH in February 2021 as Chief Information Officer, has been appointed as a new member of the Executive Committee from March 4, 2022. Sam is a Korean American leader with over 25 years of work experience gained at Tesco, Fujistu, and Dairy Farm International across Asia and the US. The elevation of the Chief Information Officer role also underlines the strategic importance of DKSH's digital transformation and IT infrastructure.
At the same time, Dan Culverhouse, Head Supply Chain Management currently reporting to the Group CFO Ido Wallach, has decided to leave DKSH for personal reasons. His last day in the company is August 31, when he also leaves the Executive Committee. Dan has been in this position since October 2018, overseeing the group-wide Supply Chain Management function. Ido Wallach, Group CFO, will continue to be in charge of Supply Chain Management until a suitable successor is found.
Stefan P. Butz, CEO, said: 'I am very pleased to appoint Sam as new member of the Executive Committee. I am confident that he will continue to accelerate our digital transformation and contribute to our strategy for sustainable profitable growth. I would like to thank Dan for his valuable contributions in the past three years. We wish him all the best in his future endeavors.'
About DKSH
DKSH's purpose is to enrich people's lives. For more than 150 years, we have been delivering growth for companies in Asia and beyond across our Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, we offer sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 33,100 specialists, generating net sales of CHF 11.1 billion in 2021. www.dksh.com
For more information please contact:
DKSH Holding Ltd.
Till Leisner
Head, Group Investor & Media Relations
Phone +41 44 386 7315 till.leisner@dksh.com
Rafael Duarte
Director, Group Investor Relations
Phone +41 44 386 7318 rafael.duarte@dksh.com
Demet Biçer
Manager, Group Media Relations
Phone +41 44 386 7217 demet.bicer@dksh.com
DKSH Holding AG is a Switzerland-based company that provides market expansion services. The Companyâs business activities are divided into four business units: Consumer Goods, Healthcare, Performance Materials, and Technology. The Consumer Goods business unit focuses on fast moving consumer goods, food services, luxury and lifestyle products in Asia. The Healthcare business unit provides market expansion services for healthcare companies seeking to grow their business in Asia. The Performance Materials business unit offers instant access to raw materials around the world, serving the chemical, pharmaceutical, food, beverage and personal care industries. The Technology business unit offers its customers a range of technologies from European, American and Asian manufacturers with a focus on advanced machinery for industry and construction, analytical and scientific instruments, components and consumables. The Company is the parent company of DKSH Group and operates numerous subsidiaries.
DKSH HOLDING AG 
