Juhani Anttila has informed the Board of Directors that he will not stand for re-election both as Chairman and as a member of the Board of Ascom Holding AG at the upcoming Annual General Meeting on 19 April 2017 after fifteen years of service. Until the end of his term of office on 19 April 2017, he will continue with all duties incumbent on him as Chairman of the Board of Directors.
The Board of Directors proposes to the shareholders to elect Andreas Umbach as new Chairman of the Board of Ascom Holding AG. Andreas Umbach has been a member of the Board of Ascom Holding AG since 2010 and is Chairman of the Compensation Committee. The Board of Directors is convinced that with the nomination of Andreas Umbach the continuity in the Board and the support of the new management as well as the further execution of the announced strategy is ensured.