12.05.2015 07:31:45
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Press Release: Change in the organization and Group Executive Committee of the Belimo Group
Belimo Holding AG / Change in the organization and Group Executive Committee of the Belimo Group . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
The Board of Directors of BELIMO Holding AG has decided to decentralize the group division Global Product Management as of the end of June 2015. The tasks of this division will be taken over by the existing organization. The reason for the move is to be closer to clients and markets in order to recognize client needs and product requirements.
As part of this reorganization, Felix Winter, head of the group division Global Product Management and member of the Group Executive Committee, will leave the Belimo Group. The Board of Directors would like to take this opportunity to thank Felix Winter for his dedication to the company.
The Belimo Group is a leading global manufacturer of innovative electrical actuator solutions and valve systems for heating, ventilation and air-conditioning systems. The Group generated sales of CHF 494 million in 2014 and employs close to 1450 people. Information about the company and its products is available on the Internet at www.belimo.com/investorrelations.
The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange since 1995 (BEAN).
Contact Beat Trutmann, CFO Telephone +41 43 843 62 65
Agenda Semiannual Report 2015 August 4, 2015 Publication of 2015 preliminary results February 10, 2016 Media information session / Publication of 2015 Annual Report March 21, 2016 Annual General Meeting 2016 April 25, 2016
The press release can be downloaded from the following link:
Press release (PDF): http://hugin.info/100133/R/1920603/688070.pdf
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BELIMO Holding AG via Globenewswire
HUG#1920603
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BELIMO Holding AG
Brunnenbachstrasse 1 Hinwil Switzerland
ISIN: CH0001503199;
http://www.belimo.com (END) Dow Jones Newswires
May 12, 2015 01:00 ET (05:00 GMT)- - 01 00 AM EDT 05-12-15
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