EANS-Adhoc: Valora Holding AG Valora appoints Michael Mueller as its new Chief
Financial Officer - Rolando Benedick confirmed as CEO and Board Chairman -
Markus Fiechter named Lead Director
--------------------------------------------------------------------------------
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
--------------------------------------------------------------------------------
19.09.2012
Valora appoints Michael Mueller as its new Chief Financial Officer - Rolando
Benedick confirmed as CEO and Board Chairman - Markus Fiechter named Lead
Director
Valora's Board of Directors has appointed Michael Mueller, a Swiss national born
in 1972, as the Valora Group's new CFO.
Michael Mueller studied Commercial Law at St. Gallen and Lausanne, completing
his studies with a master's degree in Law (lic. iur. HSG) from the University of
St. Gallen. After graduation he worked for Bain & Company until 2005, where he
was engaged notably in advising on strategic transformation and restructuring
programmes in a number of industrial sectors in Europe and the United States,
including the retail and consumer goods industries. From 2006 to 2007, Michael
Mueller worked as a mergers and acquisitions advisor for the investment bank
Goldman Sachs in Frankfurt. He then assumed the duties of CEO of GVO Asset
Management Ltd, a position he held until 2009. In 2007, he also joined Jelmoli
Holding AG, initially as a member of its Board of Directors and Executive
Committee, and from 2008 as CEO, Delegate and member of the Board of Directors.
Since September 2010, he has been managing his own company, Rubus Capital
Management Ltd in Zurich, which is engaged in private-equity and real-estate M&A
mandates for institutional investors and family offices. Once he joins Valora,
both Michael Mueller and his firm will terminate their work on these mandates.
Michael Mueller will take up his new duties as Valora's CFO on November 1, 2012.
Lorenzo Trezzini, the Group's current CFO, will continue to offer his services
to the Group. Valora's Board of Directors is most grateful to Mr. Trezzini for
his substantial achievements during the four years he has worked for Valora and
for his ongoing commitment to the Group's best interests during this
transitional period.
Valora's Board of Directors has also mandated Rolando Benedick to continue with
his current duties as CEO, in addition to his ongoing role as Board Chairman.
Simultaneously, Markus Fiechter, the Board's Vice-Chairman, has also been named
Lead Director. These decisions will ensure a smooth continuation of the Valora
Group's governance and executive management.
The Board is convinced that these key appointments represent the best solution
for Valora, and that they will allow Board and management alike to focus their
energies fully on the achievement of the business and strategic objectives the
firm has set itself.
Further inquiry note:
Investor Relations: Tel: +41 58 789 12 20
Mladen Tomic E-Mail: mladen.tomic@valora.com
Media Relations: Tel: +41 58 789 12 01
Stefania Misteli E-Mail: stefania.misteli@valora.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
issuer: Valora Holding AG
Hofackerstrasse 40
CH-4132 Muttenz
phone: +41 61 467 20 20
FAX: +41 58 789 12 12
mail: info@valora.com
WWW: www.valora.com
sector: Retail
ISIN: CH0002088976
indexes:
stockmarkets: Main Standard: SIX Swiss Exchange, stock market: BX Berne eXchange
language: English