Ms Wanda Eriksen-Grundbacher and Dr Franz Richter nominated as new members of the Board of Directors of Meyer Burger Technology Ltd
At the forthcoming Annual Meeting of Shareholders on 29 April 2015, the Board of Directors of Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) will propose Wanda Eriksen-Grundbacher and Dr Franz Richter for election as new members of the Board of Directors.
Wanda Eriksen-Grundbacher (Swiss/US-American citizen) is an independent advisor supporting companies in strategic, governance and financial issues. She has a Master in Accounting Science from the University of Illinois/USA and is a Swiss Certified accountant as well as a US Certified Public Accountant. Wanda Eriksen-Grundbacher worked for PricewaterhouseCoopers in New York and Zurich from 1990 to 2011 (as Partner from 1999 onwards). She is an expert in financial accounting, corporate governance and risk management. Ms Eriksen-Grundbacher is a member of the Board of Directors and of the Audit Committee at AXA Winterthur (CH) and member of the Board at Arnold Energy & Telecom (CH) and à ma chère (CH). Ms Eriksen-Grundbacher shall also become a member of the Risk & Audit Committee and a member of the Nomination & Compensation Committee.
Dr Franz Richter (German citizen) is Chief Executive Officer (Co-founder) of Thin Materials GmbH since 2007. Thin Materials GmbH develops carrier technologies for ultra-thin wafer manufacturing (acquired in 2013 by Nissan Chemical Industries). Dr Richter studied Physics at the Technische Hochschule Darmstadt (DE) and received his PhD in Mechanical Engineering from the Technical University of Aachen (DE). After holding different positions in Research & Development at Carl Zeiss (1985-1988) and the Fraunhofer Institute for Laser Technology (1988-1990), he was active in different management positions for Süss Microtec from 1990 to 2004 (CEO from 1998-2004). Süss Microtec is a supplier of equipment and process solutions for the semiconductor and microsystem technology industries and for related markets. Dr Richter was President of the Semiconductor Equipment Segment at Uniaxis (today OC Oerlikon) from 2005 to 2007. He is a member of the Advisory Board at Amicra Microtechnologies GmbH (DE), at Mück Management Partners AG (CH), at the Fraunhofer Institute IZM in Berlin (DE) and a member of the Supervisory Boards of Siltronic AG (DE) and Scint-X AB (SE). Dr Richter shall also become member of the Innovation Committee.
“We are very pleased to propose Wanda Eriksen-Grundbacher and Dr Franz Richter as new members for our Board of Directors. With their many years of experience in finance, corporate governance and risk management as well as the industrial experience in the semiconductor industry, Ms Eriksen-Grundbacher and Dr Richter will ideally complement the Board of Directors”, comments Chairman Peter M. Wagner.
Contact:
Werner Buchholz
Head of Corporate Communications
Phone +41 (0)33 221 25 06
werner.buchholz@meyerburger.com
Ingrid Carstensen
Corporate Communications
Phone +41 (0)33 221 28 34
ingrid.carstensen@meyerburger.com
About Meyer Burger Technology Ltd
www.meyerburger.com
Meyer Burger is a leading global technology Group specialising on 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 more than 1,700 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, production 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 the SIX Swiss Exchange (Ticker: MBTN).
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