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.

This document may contain forward-looking statements including, but not limited to, projections of financial developments, market activity, or future performance of products and solutions containing risks and uncertainties. These forward-looking statements are subject to change based on known or unknown risks and various other factors that could cause actual results or performance to differ materially from the statements made herein.

Your spokesperson

Media relations

Domenico Truncellito

Group Head of External Communications

Phone: +41 52 262 31 68


Sulzer Management Ltd

8401 Winterthur

Switzerland

Investor relations

Christoph Ladner

Head of Investor Relations

Phone: +41 52 262 30 22


Sulzer Management Ltd

8401 Winterthur

Switzerland

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