BELIMO Holding AG, Hinwil, has announced that Dr. Jacques Sanche, CEO of BELIMO Holding AG, will be leaving the company at the end of September 2015.
As CEO and President of the Group Executive Committee, Jacques Sanche has influenced and shaped the development of the Belimo Group considerably since September 2007. During his term of office, the company has grown continuously, made an impact with various new and more environmentally friendly products for heating, ventilation and air conditioning technology, and penetrated new markets. Belimo was also able to boost its profitability during this period. Jacques Sanche also pushed forward with the physical expansion of the company, for example with the new building in Danbury (Connecticut, USA), where staff started working in October, and the logistics center currently under construction in Hinwil. The issues of quality and values were also of particular importance to him.
Jacques Sanche has decided to take on a new professional challenge and is leaving the company at his own request and on the best of terms at the end of September 2015.
The Board of Directors and the members of the Group Executive Committee would like to thank Jacques Sanche for his unswerving commitment, the agreeable working relationship and his valuable contributions to the successful development of Belimo.
BELIMO Holding AG has started the search for his successor. The new appointment will be announced nearer the time. Jacques Sanche will continue to perform his duties as CEO.
The Belimo Group is a leading global manufacturer of innovative electrical actuator and valve solutions for heating, ventilation and air-conditioning systems. The Group generated sales of CHF 473 million in 2013 and employs more than 1,400 people. For information on the company and its products, visit www.belimo.com/investorrelations.
The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange since 1995 (BEAN).
| Contact | Prof. Dr. Hans Peter Wehrli, | |
Chairman of the Board of Directors | Telephone +41 43 843 62 84 | |
| | or +41 43 843 62 65 | |
Beat Trutmann, CFO | Telephone +41 43 843 62 65 | |
| | | |
| Agenda | Publication of the preliminary results for 2014 | February 11, 2015 |
| Media information session / | ||
| Publication of 2014 Annual Report | March 23, 2015 | |
| Annual General Meeting 2015 | April 20, 2015 |
The press release can be downloaded from the following link:
