Media Release

Group Management

CFO Jörg Riboni to hand over his duties as per April 2019

Lucerne, 8 May 2018 - Jörg Riboni, Emmi Group Chief Financial Officer, has notified the Board of Directors and the Management Board that he wishes to pursue a new career challenge over the long term. To ensure a smooth transition, he has agreed to continue his duties, as before, over the next 12 months until the end of April 2019 and gradually hand over to his successor.

Jörg Riboni (60), who has been the Chief Financial Officer (CFO) of Emmi since January 2013, has informed about his decision to pursue a new career challenge over the long term and asked to be discharged from his duties as per April 2019 following the handover and induction of his successor.

The Board of Directors and Group Management wish to thank Jörg Riboni for his service and valuable contribution to Emmi. He has played a key role in shaping and driving forward the development and internationalisation of Emmi in the past five years. He has adapted the Group's financial management to the international expansion and built up a team of recognised specialists. His readiness to ensure a smooth handover of his duties to his successor highlights his loyalty and sense of responsibility towards the Emmi Group.

Jörg Riboni will continue to work at Emmi until the 2019 General Meeting. He is leaving the company at his own request and will focus on various mandates on boards of directors and specialist committees.

Emmi will announce his successor as soon as one has been found. Experience has shown that this can take several months.

Contacts

Investors/Analysts:

Esther Gerster, Head of Group Communications & IR, +41 (0)58 227 50 69, esther.gerster@emmi.com

Media:

Sibylle Umiker, Group Communications & IR, Head of Media Relations, +41 (0)58 227 50 66, media@emmi.com

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About Emmi

Emmi is the leading Swiss milk processor and one of the most innovative premium dairies in Europe. In Switzerland, the company focuses on the development, production and marketing of a full range of dairy and fresh products as well as the production, ageing and trade of mainly Swiss cheeses. Outside Switzerland, Emmi concentrates on brand concepts and specialities in established European and North American markets, and increasingly in emerging markets outside of Europe. The primary focus in fresh products is on lifestyle, convenience and health products. In the cheese business, Emmi positions itself as the leading company worldwide for Swiss cheese. Emmi's customers are the retail trade, the hospitality and food service sector, and the food industry.

In Switzerland, the Emmi Group includes around 25 production sites of every size. Abroad, Emmi and its subsidiaries have a presence in 14 countries, seven of which have production facilities. Emmi exports products from Switzerland to around 60 countries.

In 2017, Emmi posted net sales of CHF 3,364 million and a net profit of CHF 162 million. The company employs some 6,150 staff (full-time equivalents), of which around 2,950 in Switzerland.


Picture Jörg Riboni - 1
Picture Jörg Riboni - 2
CV Jörg Riboni



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