Speedel shareholders elect four Novartis officers as new members to the board of directors

(PresseBox) ( Basel, )
Speedel Holding Ltd. (SWX: SPPN) today announced the outcome of the Extraordinary General Meeting (EGM) of the shareholders of Speedel which took place yesterday at the Hilton Hotel, Basel, Switzerland. Key agenda item was the election of new members to the Board of Directors.

Together with the invitation, the Board of Directors of Speedel had recommended the following persons to be elected for a three years term:
- Dr. Raymund Breu - Chief Financial Officer, Novartis International
- Joseph Jimenez - Chief Executive Officer, Novartis Pharma
- Jonathan Peacock - Chief Financial Officer, Novartis Pharma
- Joerg Walther - Global Head, Legal M&A and Antitrust, Novartis International

The proposal of the Board was approved by the shareholders with a strong majority.

After the closing of the EGM the new Board of Directors of Speedel met for its constituent meeting and elected Joseph Jimenez as Chairman and Dr. Fritz Kunz as Vice Chairman. Additionally the new Board decided upon Dr. Andrin Oswald as the new CEO of Speedel.

Dr. Fritz Kunz, Vice Chairman of the Board, commented: "We welcome the new members of the Board and the new CEO. They will lead Speedel through the period of integration."

The Slides presented at the EGM can be accessed on the company's website at http://www.speedel.com/section/6/subsections/8.

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