Valeria Poretti-Rezzonico to step down from the Executive Management of the Adval Tech Group at the end of November 2022
November 19, 2021 at 01:03 am EST
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EQS Group-Ad-hoc: Adval Tech Management AG / Key word(s): Personnel
Valeria Poretti-Rezzonico to step down from the Executive Management of the Adval Tech Group at the end of November 2022
19-Nov-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53 LR
Niederwangen, November 19, 2021, 7.00 a.m. - Valeria Poretti-Rezzonico, Head Corporate HR / Communication and member of the Group Executive Management, will leave Adval Tech at the end of November 2022 and take early retirement. Valeria Poretti-Rezzonico has held a management position at the Adval Tech Group since 2008 and has been a member of the Group Executive Management since 2012. She has played a major role in shaping the development of the Adval Tech Group in recent years. The Board of Directors and the Group Executive Management very much regret Valeria Poretti-Rezzonico's resignation and wish her all the best in the new phase of her life. Information on her successor will be provided in due course.
Contact
René Rothen, Chairman of the Board of Directors and Chief Executive Officer,
phone +41 31 980 82 69, rene.rothen@advaltech.com
Background information about the Adval Tech Group
Adding value through innovation - that's what Adval Tech stands for. The Adval Tech Group is a global industrial supplier of technologically sophisticated components and subassemblies made of metal and plastic. It focuses on selected activities, especially in its main target market, the automotive industry. As a supplier and value-adding partner, Adval Tech covers the entire value chain from product development to prototyping, to mold and tool development, and through to component production and assembly. Headquartered in Switzerland, the Adval Tech Group operates a total of nine production plants. These are located in Switzerland, Germany, Hungary, China, Malaysia, Mexico and Brazil.
Download ad hoc announcement www.advaltech.com/en/group/investors/company-news/ad-hoc-notices
Agenda
End of March, 2022 - Announcement of the results for the 2021 financial year
April 2022 - Conference on the 2021 Annual Report
April 2022 - Publication of the 2021 Annual Report
May 19, 2022 - General Meeting of Shareholders 2022
Except for the historical information contained herein, the statements in this media release are forward-looking statements that involve risks and uncertainties.Content
Adval Tech Holding AG is a Swiss-based holding company involved into technology sectors of stamping and forming and injection molding. It operates in two main segments. The Automotive segment focuses on the manufacture of metal, plastic and composite automotive components, such as steering systems, fuel injection, seat mounting, lighting and passenger safety systems, fuel tank filler necks and door handles, among others. The Medical & Consumer Goods segment supplies components for the medical technology, such as medical devices, diagnostic systems and clean room technology, as well as for the consumer goods market, offering single-component molds and multi-component, stack-turning systems, from transparent boxes for refrigerators to closures for body lotion containers. It operated through numerous subsidiaries, located in Switzerland, Brazil, the United States, Hungary, Singapore, Thailand, China, Malaysia, Mexico and Germany.