Landis+Gyr Announces Change to Director Slate for Upcoming AGM Freitag, 14. Juni 2019 - 07:00
Press Release
Landis+Gyr Announces Change to Director Slate for Upcoming AGM
Zug – June 14, 2019 – Landis+Gyr (LAND.SW), a global leader in transforming the way energy is delivered and managed, announced today that Mary Kipp, President and CEO of El Paso Electric Company has withdrawn her name from the slate of Directors being voted on at the Landis+Gyr Annual General Meeting of Shareholders on June 25, 2019.
As announced on June 3, 2019, El Paso Electric Company (NYSE: EE) is being acquired by the Infrastructure Investment Fund (IIF), an investment vehicle advised by J.P. Morgan Investment Management. IIF’s 19 portfolio companies are located primarily in the United States, Western Europe and Australia, and include 11 energy, utility and electric generation companies.
“I have enjoyed very much serving on the Board of Landis+Gyr for the last fiscal year. However, as the CEO of El Paso Electric I unfortunately cannot stand for re-election to avoid any perception of conflict of interest when Landis+Gyr participates in opportunities with utilities that are owned by the fund,” Mary Kipp said.
Contacts:
Stan March
Phone +1 678 258 1321
Stan.March@landisgyr.com
Christian Waelti
Phone +41 41 935 6331
Christian.Waelti@landisgyr.com
Key dates
Annual General Meeting 2019 | June 25, 2019 |
Ex-Dividend date | June 27, 2019 |
Dividend record date | June 28, 2019 |
Dividend payment date | July 1, 2019 |
Release of Half Year Results 2019 | October 29, 2019 |
Release of Sustainability Report | October 29, 2019 |
Capital Markets Day | January 30, 2020 |
Release of Results for Financial Year 2019 | May 28, 2020 |
About Landis+Gyr
Landis+Gyr is the leading global provider of integrated energy management solutions for the utility sector. Offering one of the broadest portfolios, we deliver innovative and flexible solutions to help utilities solve their complex challenges in smart metering, grid edge intelligence and smart infrastructure. With sales of USD 1.8 billion, Landis+Gyr employs approximately 5,600 people in over 30 countries across five continents, with the sole mission of helping the world manage energy better.
More information is available at www.landisgyr.com
