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13.12.2013 - Ad hoc announcement pursuant to Art. 53 LR

Meyer Burger nominates Michael Escher as Chief Sales Officer and Member of the Executive Board

 

  Meyer Burger nominates Michael Escher as Chief Sales Officer and Member of the Executive Board   With the newly created position of Chief Sales Officer, Meyer Burger Technology AG is strengthening the operational management of the group and has nominated Michael Escher to become CSO of the company with effect from 1 May 2014.  

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that the Group Executive Board is being augmented through the newly created position of Chief Sales Officer (CSO). Michael Escher will strengthen the existing management team consisting of Peter Pauli, Michel Hirschi, Sylvère Leu and Bernhard Gerber. As CSO, Michael Escher will have particular responsibility for implementation of the commercial strategy, business growth and increasing market shares.

 

“The appointment of Michael Escher to this newly created position in the Executive Board demonstrates our determination to systematically pursue our strategy and to position and assert ourselves as a leading supplier of integrated solutions in the global market for photovoltaics”, says Peter Pauli, CEO of Meyer Burger Technology AG. “With his extensive international experience in the area of sales and marketing in different technologies and industries, Michael Escher is an ideal addition to our Executive Management.”

 

Brief portrait of Michael Escher:

 


 

Year of birth           

1971

Nationality

Swiss

Education

Bachelor of Business Administration, majoring in finance & controlling

 

Executive MBA, London Business School, majoring in marketing & strategy

 

Master of Science, University College London

 

Marketing & Sales Excellence Academy, INSEAD Paris

1996 – 2004

Lonza: Senior Business Analysis Manager, Manager Cost Accounting

 

Head of Global Supply Chain & Strategic Sourcing,

Director Business Technology Development

2004 -present

Syngenta Basel: Head of Corporate Strategic Planning, Global Business Manager

 

Head of Seed Care Europe, Africa and Middle East

 

Syngenta Germany: Managing Director Germany / Austria Syngenta Agro GmbH

 

  

For further information, please contact

Werner Buchholz

Head of Corporate Communications

Phone +41 (0)33 221 25 06

werner.buchholz@meyerburger.com

 

 

About Meyer Burger Technology Ltd

www.meyerburger.com

 

Meyer Burger is a leading global technology Group specialising in innovative systems and processes based on semiconductor technologies. The Group’s focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The Group currently employs over 1,800 people across three continents. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.

 

The Group’s offering in systems, product equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on the entire value chain.

 

The Group’s comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger Group is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The Group is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on SIX Swiss Exchange (Ticker: MBTN).

 

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.

 

This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

 

  Press Release pdf