The Board of Directors appoints Dr. Gunter Erfurt as new CEO of the Meyer Burger Group. The physicist Gunter Erfurt joined Meyer Burger in 2015 and has almost 20 years of experience in the global photovoltaic business, including several years with SolarWorld. With the focusing on the core business and the successful market introduction of the heterojunction/SmartWire technology, CEO Dr Hans Brändle has decided to retire from his position by end of March 2020.

The Chairman of the Board of Directors Dr. Remo Lütolf has decided not to stand for re-election to the Board of Directors at the forthcoming Annual General Meeting.