14.04.2001 Sulzer Press-center
Tim Summers, Member of the Sulzer Board and Chairman of Venetos Management, a company of the Renova Group, has informed the Board of Directors of Sulzer that he will not stand for reelection at the Annual General Meeting of Sulzer on April 14, 2011. This decision is due to his recently announced nomination for the board of OC Oerlikon in addition to other demanding functions. The Board thanks Tim Summers for his contributions.
As new Board Member for a one-year term, the Board of Directors proposes to the Annual General Meeting to elect Marco Musetti. Marco Musetti (41, Italian) will bring broad experience in finance and risk management to the Sulzer Board. He is Chairman of the Board of Avelar Energy Ltd, a Swiss company of the Renova Group, among other positions within the Renova Group. Before, he held a number of positions in commodity trading and banking.