Sulzer – Luciano Respini Elected to the Board
At today’s 90th annual general meeting of Sulzer Ltd, all board proposals were approved by the shareholders, including a dividend of CHF 6 per share (as in the prior year).
Dr. Luciano Respini was elected to the Sulzer Board of Directors, while
existing board members Louis Hughes and Dr. Hans Hubert Lienhard were reelected.
Fred Kindle stepped down from the board of directors.
Board Chairman Dr. Leonardi Vannotti emphasized the good operating performance of the core divisions, which recorded significant increases in operating earnings capacity in 2003 and which saw order intake in the first quarter of 2004 rise by 15%.