Ad hoc announcement pursuant to Art. 53 LRNovember 16, 2021
Sulzer Chairman of the Board Peter Löscher not standing for re-election in 2022
Over the past eight years, Peter Löscher has not only strategically realigned the company by significantly reducing its exposure to oil and gas, but with his swift and decisive actions he has also prevented Sulzer from becoming inoperative following the US economic sanction regime in 2018.
The Board of Directors will pay tribute to Peter Löscher's achievements at a later date but thanks him already today for his lasting contribution to the development of the company. The Board of Directors will inform on the succession plan in due time.