Lonza Group Ltd Proposes Dividend for 2016; Announces Management Changes
The Board of Directors is proposing to Lonza's Annual General Meeting (AGM), to be held on 25 April 2017, the election of Albert M. Baehny (64) as a new member of the Board. Subject to his election, the Board will appoint Mr. Baehny as Vice Chairman of the Board with the intention to propose him as the new Chairman at the AGM 2018. Albert M. Baehny has achieved an impressive track record as Chairman of the Board of Geberit since 2011. He also served as the company's CEO from 2005 to 2014. The Board of Directors also appointed Fridtjof Helemann, Chief Human Resources Officer for Lonza, as a member of the Executive Committee (EC), effective as of 1 February 2017.