Press Release: James W. Furlong to become new Head of Americas and member of the Group Executive Committee of the Belimo Group

Belimo Holding AG / James W. Furlong to become new Head of Americas and member of the 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 BELIMO Holding AG Board of Directors appointed James W. Furlong as the Head of Americas and member of the Group Executive Committee. Mr. Furlong is the successor of Lars van der Haegen, who has been leading as CEO of the Belimo Group since July 1, 2015.

J. Furlong has been managing the industrial refrigeration business of Johnson Controls, Building Efficiency Group, with global accountability since 2008. From 1999-2008, he worked in various functions at the Baltimore Aircoil Company, Inc., and also worked in various functions at York International Corporation from 1991-1999. J. Furlong is a professional engineer (P.E.) with a bachelor's degree in Engineering from the Manhattan College in Riverdale, New York and a master's degree in Business Administration from Loyola College in Baltimore, Maryland. With his extensive experience in the HVAC field, he has the necessary qualifications to lead and further develop Belimo in the Americas. He will enter his new role on March 1, 2016.

The Belimo Group will continue to follow its profitable growth strategy and furthermore position itself as the market and technology leader.

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 Phone +41 43 843 62 65

Agenda 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

Link for press release and Curriculum Vitae:

Press release (PDF): http://hugin.info/100133/R/1971823/721097.pdf

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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#1971823

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BELIMO Holding AG

Brunnenbachstrasse 1 Hinwil Switzerland

ISIN: CH0001503199;

http://www.belimo.com (END) Dow Jones Newswires

   December 08, 2015 01:00 ET (06:00 GMT)- - 01 00 AM EST 12-08-15