10/01/2020 | 07:00 CET | Group Announcements
Stäfa (Switzerland), January 10, 2020 – Sonova Holding AG, a leading provider of hearing solutions, announces today that its Board of Directors nominates Adrian Widmer as a new board member for election at the next Annual General Meeting (AGM) in June 2020. The company also announces that Michael Jacobi will not stand for re-election at the AGM 2020, having served as a member the Board of Directors since 2003 and as Chairman of the Audit Committee from 2004 until 2019.
Mr. Adrian Widmer (born in 1968, Swiss citizen) is Group CFO of Sika AG, a global specialty chemical company based in Switzerland, since 2014. He previously served as Head Group Controlling and M&A at Sika from 2007 to 2014. Prior to joining Sika, he held various management positions at BASF, Degussa and Textron Inc. in the areas of finance and controlling, business development and general management. Mr. Widmer holds a Master of Science degree in Business and Economics from the University of Zurich, Switzerland and completed the Advanced Management Program of INSEAD Fontainebleau in France. If elected at the Annual General Meeting in June 2020, the Board of Directors intends to appoint Mr. Widmer as Chairman of the Audit Committee.
Robert Spoerry, Chairman of the Board of Directors of Sonova Holding AG, stated, “With his broad management and financial background as well as his experience in M&A and business development, Mr. Widmer is a valuable addition to the Board of Directors and an excellent candidate to become the Chairman of the Audit Committee. His nomination is a further step in the rejuvenation of the Board.”
Mr. Spoerry added, “On behalf of the entire Board of Directors, I want to sincerely thank Michael Jacobi for his valuable contributions to the company during his tenure. In his role as a member of the Board of Directors and as the very long-standing Chairman of the Audit Committee, his dedication and in particular his profound expertise in financial matters have been vital for the successful development of Sonova. We wish him all the best for the future.”
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