The Emmi Group is initiating succession arrangements at an early stage regarding a double leadership change for the Board of Directors and Group Management. After 15 years as a member of Emmi's Board of Directors - including 12 years as its Chairman - Konrad Graber will not be standing for re-election at the Emmi General Meeting in April 2023. The Board of Directors nominates Urs Riedener - who has successfully led the company as CEO since 2008 and will be stepping down from this position at the end of 2022 - as his successor In order to concentrate on the new position and respect a cooling-off period as the designated new Chairman of the Board of Directors, Urs Riedener will step down from his current position as CEO and Chair of Group Management on 31 December 2022. The election of a new CEO will be announced at the appropriate time, probably in spring 2022.