At its meeting on 27 February 2018, the Board of Directors of Bucher Industries AG resolved, with long-term succession planning in mind, that Martin Hirzel should be proposed to the Annual General Meeting on 18 April 2018 for election as a new Board member.

Martin Hirzel, born in 1970, is a Swiss citizen and has relevant, long-term industrial experience in an international environment. He holds a degree in business management and has been the CEO of Autoneum Holding AG, a company listed on the Swiss stock exchange, since 2011. Prior to that he was a member of the group executive committee of the Automotive Systems division of Rieter Group and was responsible for business in South America, the Middle East and Africa. From 2000 to 2007 he built up Rieter’s business in China from Shanghai. Martin Hirzel is not currently a member of any other board of directors.

Simply great machines

Bucher Industries is a global technology group with leading market positions in speciality areas of mechanical and vehicle engineering. The company’s operations include specialised agricultural machinery, municipal vehicles, hydraulic components, manufacturing equipment for the glass container industry and for wine and fruit juice production, as well as automation technology. The company’s shares are traded on the SIX Swiss Exchange (SIX: BUCN).