Changes to the Sulzer Board of Directors
In line with its reduced shareholding and new status as a minority shareholder of Sulzer, Renova has elected to reduce its Board representation effective immediately.
As such, Axel Heitmann, the Renova representative with the shortest tenure on Sulzer’s Board of Directors, has tendered his resignation. The Board of Directors of Sulzer thanks Dr. Heitmann for his important contribution.
The Sulzer Board is now composed of seven members, three of whom represent Renova.
The Sulzer Board has elected Marco Musetti to replace Dr. Heitmann on the Audit Committee.