Supervisory Board Changes Afoot At Zumtobel Supervisory Board Changes Afoot At Zumtobel
Zumtobel Group recently announced that Jürg Zumtobel (left) and Fritz Zumtobel (right) will step down from their roles on the Supervisory Board.  The resignation... Supervisory Board Changes Afoot At Zumtobel

Zumtobel Group recently announced that Jürg Zumtobel (left) and Fritz Zumtobel (right) will step down from their roles on the Supervisory Board.  The resignation of two long standing board members shall set the course for new appointments and rejuvenation of the Supervisory Board of Zumtobel Group.  Jürg Zumtobel currently Chairman of the Supervisory Board, and Fritz Zumtobel informed the Supervisory Board of their wish to terminate their contracts earlier than planned.

The Supervisory Board is proposing the appointment of Dr Georg Pachta-Reyhofen, former Chairman of the Executive Board at the stock-listed mechanical-engineering group MAN SE. Additionally, the Supervisory Board is proposing the appointment of Dr Thorsten Staake from the University of Bamberg. The extraordinary General Meeting for the election of the new members of the Supervisory Board is expected to take place at the End of March 2020. The appointment of a new Chairman of the Zumtobel Group AG’s Supervisory Board will be decided on during the inaugural meeting following the extraordinary General Meeting.

About

The Zumtobel Group is an international lighting group and a leading supplier of innovative lighting solutions, lighting components and associated services. With its brands, acdc, Thorn, Tridonic and Zumtobel, the Group offers its customers around the world a comprehensive portfolio of products and services. The Group’s know-how about the effects of light on people, acquired over decades, forms the basis for the development of innovations and for accessing new fields of business. In the lighting business, the Group with its Thorn and Zumtobel brands is one of the European market leaders. Through its lighting technology brand, Tridonic, the Zumtobel Group plays a leading role worldwide in the manufacture of hardware and software for lighting systems (LED light sources and LED drivers, sensors and lighting management). The Zumtobel Group’s service offering is one of the most comprehensive in the entire lighting industry, including consultation on smart lighting controls and emergency lighting systems, light contracting, design services and project management of turnkey lighting solutions, as well as new, data-based services focused on delivering connectivity for buildings and municipalities via the lighting infrastructure. The Group is listed on the Vienna Stock Exchange (ATX Prime) and currently holds a workforce of around 5,900 employees. In the 2018/19 financial year, the Group posted revenues of EUR 1,162.0million. The Zumtobel Group is based in Dornbirn in the Vorarlberg region of Austria.

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