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Precious Woods Holding Ltd.

EANS-Adhoc: Precious Woods Holding Ltd.
Joachim Kaufmann appointed new CEO of the Precious Woods Group

  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.
Company Information
09.04.2010
The Board of Directors of Precious Woods has appointed Joachim 
Kaufmann as the new CEO of the Precious Woods Group. He will assume 
this responsibility on 1 June 2010 after a brief induction period. 
"Because of the in-depth selection procedure we are confident that we
have found the most suitable candidate for this extremely interesting
and challenging role", explained Chairman of the Board of Directors 
and acting CEO Ernst A. Brugger.
His professional career to date most recently led Joachim Kaufmann to
the role of CEO of the Feintool Group in Lyss. Before that he 
occupied various group management positions with Adval Tech and 
Feintool. Herr Kaufmann also has many years' management experience 
with Sulzer in Brazil. His comprehensive industrial, operational and 
financial experience in international markets will strengthen the 
management of the Precious Woods Group and make a significant 
contribution to the further development of the company.
end of announcement                               euro adhoc

Further inquiry note:

Precious Woods Holding Ltd.
Militärstrasse 90
CH-8021 Zürich
Tel.: +41 44 245 80 10
E-Mail: media@preciouswoods.com

Branche: Forestry & Timber
ISIN: CH0013283368
WKN: 982280
Index: SPI
Börsen: SIX Swiss Exchange / official dealing

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