Publication of insider information in accordance with Article 17 MAR: Zumtobel Group AG: Zumtobel Group sets up new Executive Board
February 01, 2018 at 12:30 pm EST
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Publication of insider information in accordance with Article 17 MAR: Zumtobel Group AG: Zumtobel Group sets up new Executive Board
01.02.2018
Dornbirn, Austria - In today's meeting, Zumtobel Group AG's Supervisory Board unanimously decided on a new personnel setup of the Executive Board. The CEO, Ulrich Schumacher, will leave the company as of today. Until further notice Alfred Felder will take over the function as acting CEO of the Executive Board in addition to his function as Chief Sales Officer.
As already communicated, Bernard Motzko took office as Chief Operating Officer on 1 February.
By mutual agreement, CFO Karin Sonnenmoser will leave the company by end of June 2018.
On behalf of the Supervisory Board Jürg Zumtobel comments:'These steps will bring clarity to the Executive Board regarding its responsibilities. The Supervisory Board is placing its full confidence in the Executive Board to accomplish a turnaround to success.'
Alfred Felder sets out the priorities of the Executive Board for the coming months:'We will again all pull together, in order to provide stability to the shareholders, to motivate the employees and to continue to be a responsible and innovative partner for our clients.'
Contact Investor Relations
Harald Albrecht
VP Investor Relations
Tel. +43-(0)5572 509-1125
harald.albrecht@zumtobelgroup.com
Press Contact
Simone Deitmer
Head of Corporate Communications
Tel. +43-(0)5572 509-575
simone.deitmer@zumtobelgroup.com
Zumtobel Group AG published this content on 01 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2018 17:29:08 UTC.
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Zumtobel Group AG is an Austria-based company. The Company is engaged as a provider of lighting solutions, lighting components and the associated services. The Company operates through two segments: Lighting Segment and Components Segment. In the lighting segment, the Company produces hardware and software for lighting systems (LED light sources, LED drivers, sensors and light management). It offer services such as advice on intelligent lighting controls and emergency lighting systems, lighting contracting, design services, project management for turnkey lighting solutions as well as new, data-based services with a focus on connecting buildings and cities using light infrastructure, e.g. Real-time location of goods and people using Bluetooth Doppler direction finding. The Components segment includes industry (including logistics, halls, parking garages), office, education and healthcare (including hospitals, schools and universities) and retail (incl. Supermarkets, furniture stores).
ZUMTOBEL GROUP AG 
