DGAP-Adhoc: Schweizer Electronic AG: Temporary change in Executive Board


Schweizer Electronic AG  / Key word(s): Change of Personnel

22.04.2016 13:57

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Schramberg, April 22, 2016 - As of today until September 2016, Dr. Maren
Schweizer, Chief Executive Officer of Schweizer Electronic AG, will only be
available for the company to a very limited extent due to health reasons.
Facing this situation, the Supervisory Board appointed  Mr. Nicolas
Schweizer in today's meeting as Deputy Chairman of the Management Board,
who will take over Dr. Maren Schweizer's tasks as Chief Executive Officer
during her absence. The business units Operations, Sales & Marketing,
Global Supply Chain and the division Systems, which are under Dr. Maren
Schweizer's responsibility, will be managed by the Members of the Board
Nicolas Schweizer and Marc Bunz in this interim phase.


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Information and Explanation of the Issuer to this News:

About Schweizer:

Schweizer Electronic AG stands for state-of-the-art technology and
consultancy competence. SCHWEIZER's premium printed circuit boards and
innovative solutions and services for automotive, solar, industry and
aviation electronics address key challenges in the areas of Power
Electronics, Embedding and System Cost Reduction. Its products are
distinguished for their superior quality and their energy-saving and
environmentally-friendly features. Together with its partners Elekonta
Marek GmbH & Co. KG, Meiko Electronics Co. Ltd. and WUS Printed Circuit
Co., Ltd., the company offers in its division electronics cost- and
production-optimised solutions for small, medium and large series. Together
with its partner Infineon Technologies AG, SCHWEIZER plans to jointly tap
the chip embedding market in future.

With about 760 employees SCHWEIZER achieved sales of 115.5 million euro in
Fiscal Year 2015 (ending December). The company was founded in 1849, is
managed by family members and listed at the Stuttgart and Frankfurt Stock
Exchanges (ticker symbol 'SCE', 'ISIN DE 000515623').

Elisabeth Trik
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512 302
Fax:  +49 7422 / 512 777 302
E-mail: ir@schweizer.ag
Please visit our website: www.morethanPCBs.com

22.04.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Schweizer Electronic AG
              Einsteinstraße 10
              78713 Schramberg
              Germany
Phone:        07422-512-301
Fax:          07422-512-397
E-mail:       ir@schweizer.ag
Internet:     www.schweizer.ag
ISIN:         DE0005156236
WKN:          515623
Listed:       Regulated Market in Frankfurt (General Standard), Stuttgart;
              Regulated Unofficial Market in Berlin
 
End of Announcement                             DGAP News-Service
 
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