Change on the Board of Directors of Swiss Steel Holding AG

Heinrich Christen, Chairman of the Board of Directors of Swiss Steel Holding AG, has decided following intensive discussions with the company’s main shareholder to step down from the Chairmanship and from the company’s Board with immediate effect. He is not therefore standing for re-election at the forthcoming Annual General Meeting of April 27, 2021. The Board of Directors would like to thank Heinrich Christen for his service to the company.

The Board of Directors has appointed Jörg Walther, Member of the Board of Directors of Swiss Steel Holding AG, as its Chairman until the regular election of a new Chairman by the forthcoming AGM. Jörg Walther will chair this AGM as meeting chairman. The Board of Directors is also proposing to the AGM of April 27, 2021 that it elects Jens Alder as the new Chairman of the Board of Directors. Jens Alder held this post in 2019/20 and is making himself available again as an independent Chairman in accordance with best governance guidelines. He is also being proposed to the AGM for election as a Member of the Compensation Committee.

Source and Photo: Swiss Steel