Jacques Sanche to join Belimo Group as CEO


The Board of Directors of BELIMO Holding AG has appointed Dr Jacques Sanche (a 42-year-old with Swiss and Canadian nationality) as the new Chief Executive Officer of the Belimo Group. He will take up his new post on September 1, 2007.

Jacques Sanche is currently Deputy CEO of WMH Walter Meier Holding AG, with responsibility for the Climate Solutions Division. He has held a variety of general management positions within this group and gathered valuable experience in the heating, ventilation and air conditioning sector. He had previously completed a doctorate at the Institute for Information Management of the University of St. Gallen and worked as a consultant with the Boston Consulting Group in Munich.

The Belimo Group will pursue its successful growth strategy unchanged and continue to position itself in future as an innovative market and technology leader.
 
The Belimo Group is a leading global manufacturer of innovative electrical actuator solutions in heating, ventilation and air conditioning systems. In 2006, the Group achieved sales of CHF 325 million and employed approximately 1000 people. Information regarding the Company and its products is available on the Internet at www.belimo.com.
 
The shares of BELIMO Holding AG have been traded on the Swiss Stock Exchange since 1995 (SWX: BEAN).
 

 
 
The press release including a photo of Dr Jacques Sanche can be downloaded from the following link:

Attachments

Press release (PDF)