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Lonza chief resigns surprisingly

At Lonza, it comes as a surprise and after a short time, to a re-exchange at the top of the company. The first-time since March of this year, President of the Marc radio steps down as CEO and will be temporarily replaced by Board Chairman Albert Baehny.

The resignation of radio successes, "for personal reasons", the company said on Tuesday. He will however, remain up in January 2020 in the case of Lonza, "a smooth handover to ensure". His services for Lonza to be owed in the notice.

go beyond the immediate reasons for the resignation, a spokesperson for Lonza to AWP no further information. The search for a successor was, however, taken, she said.

the radio was replaced at the beginning of March the long-time CEO Richard Ridinger, who did not want to address Executive functions in different companies. Ridinger had referred to radio as "conceivably the most suitable successor". Radio launched since 2014, the Division Pharma & Biotech Lonza.

Baehny in the double-mandate

is found To be a successor to radio, takes over Chairman Albert Baehny on the interim role of CEO. For reasons of Good Governance Christoph Mäder was appointed therefore by the Board of Directors of the Independent Director.

He was looking forward to the cooperation with the Board of Directors in the search for a new CEO, is Baehny quoted in the statement, the Lonza projecting for 2018 as President of the Board of Directors. Baehny has experience with a dual mandate. At Geberit, where he is still the President of the Board of Directors, he was also for some years in both functions. (sda)

Created: 12.11.2019, 07:33 PM

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