ALSO Holding AG downsizes Group Management

As of September 1, 2017 ALSO Holding AG (SIX: ALSN) will downsize its Group Management. In future it will consist of the CEO Gustavo Moeller-Hergt, the CFO Ralf Retzko and the Corporate Vice President of Northern/Eastern Europe Ole Eklund. The former Corporate Vice President Central Europe, Stefan Klinglmair, is leaving the company due to family reasons. The Central European countries of Germany, France, Austria and Switzerland will then report directly to the CEO. “We have outstanding country heads in Central Europe with whom I enjoy collaborating closely. We see a lot of potential in the region and intend to realize it country by country,” explains Gustavo Möller-Hergt. “We thank Stefan Klinglmair for his great commitment over the last six years. He has contributed significantly to the success of these important countries and our business models. We wish him well for his future career,” adds Möller-Hergt.

Direct link to the press release: http://www.also.com/goto/20170705en