Results of the Annual General Meeting of SCHMOLZ + BICKENBACH AG of April 30, 2019 Dienstag, 30. April 2019 - 16:30
Results of the Annual General Meeting of SCHMOLZ + BICKENBACH AG of April 30, 2019
- Jens Alder elected as new Chairman, Alexey Moskov and Adrian Widmer elected as new members of the Board of Directors
- All agenda items and proposals of the Board of Directors approved
- All current Board Members who stood for re-election and all nominated Members of the Compensation Committee elected
Lucerne, April 30, 2019 – During today's Annual General Meeting in Lucerne, the shareholders of SCHMOLZ + BICKENBACH AG, a global leader in special long steel, have approved all agenda items and proposals of the Board of Directors with a large majority.
The shareholders have approved the management report, the statutory financial statements, the consolidated financial statements as well as the appropriation of available earnings. The compensation report has been approved in a consultative vote.
All members of the Board of Directors seeking re-election were confirmed: Michael Büchter, Martin Haefner, Isabel Corinna Knauf and Dr Oliver Thum. Jens Alder was elected as the new Chairman, Alexey Moskov and Adrian Widmer were newly elected to the Board of Directors. The Compensation Committee newly consists of the current member Isabel Corinna Knauf as well as the newly elected members Jens Alder and Alexey Moskov. The Compensation Committee will now be chaired by Jens Alder. All members of the Board of Directors and the Executive Board were granted discharge from liability for the past business year.
Ernst & Young, Zurich, were re-elected as statutory auditors for another year while law firm Burger & Müller, Lucerne, was confirmed again as independent proxy.
The Annual General Meeting has also voted in favor of the proposed prospective approval of the overall compensation of the members of the Board of Directors and of the members of the Executive Board.
For further information:
Dr Ulrich Steiner,
Vice President Corporate Communications, Investor Relations & CSR
Telephone +41 (0)41 581 4120
u.steiner@schmolz-bickenbach.com
About SCHMOLZ + BICKENBACH
The SCHMOLZ + BICKENBACH Group is today one of the world's leading providers of individual solutions in the special long steel products sector. The Group is one of the leading manufacturers of tool steel and non-corrosive long steel on the global market and one of the two largest companies in Europe for alloyed and high-alloyed constructional steel. With more than 10 000 employees and its own production and distribution companies in 30 countries on 5 continents, the company guarantees global support and supply for its customers and offers them a complete portfolio of production and sales & services around the world. Customers benefit from the company's technological expertise, consistently high product quality around the world as well as detailed knowledge of local markets.
