Oerlikon loses a member of the Board

Oerlikon loses a member of the Board

Swiss Hans Ziegler, member of the Oerlikon Board has taken immediate retirement, because Finma is undertaking an investigation on possible misconduct (multiple insider dealing in various companies) of Hans Ziegler.

However Hans Ziegler might only be acquitted if the ongoing investigation by FINMA (Financial Swiss Supervisory Authority) proves irregular actions of the person.

Oerlikon will propose a new member of the Board in due time for the next general meeting.

www.oerlikon.com


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