Changes to the board of directors and group management

The board of directors of Bucher Industries will submit a proposal to the annual general meeting on 10 April 2014 to elect Valentin Vogt to the board.

Stefan Düring is to replace Jean-Pierre Bernheim as a member of group management and president of the Bucher Specials segment with effect from 1 January 2014.  

At today’s meeting of the board of directors of Bucher Industries AG, the board decided to increase the number of members to seven. The board will submit a proposal to the annual general meeting on 10 April 2014 to elect Valentin Vogt as a new member. Valentin Vogt has many years’ experience in industry at an international level. He is Chairman of the Board of Directors of Burckhardt Compression, a publicly listed Swiss company which he previously led for over ten years as CEO. Valentin Vogt is also Chairman of the Swiss Employers’ Confederation and a member of the boards of directors of two further, unlisted companies.

Jean-Pierre Bernheim, a member of Group management, will retire at the end of 2013 having reached the age of 65. He has headed the worldwide winemaking equipment business of Bucher Vaslin with great success since 1980. Through his efforts and innovative drive, Bucher Vaslin has become a world leader. From 1998 to 2010, Jean-Pierre Bernheim also headed the Bucher Process division which specialised in production equipment for wine and fruit juice. With effect from 1 January 2014, Bruno Estienne will take over as head of Bucher Vaslin. The board of directors would like to thank Jean-Pierre Bernheim for his great achievements. On behalf of the entire group, its employees and customers, the board wishes him all the best in this new stage of life.

The board of directors appointed Stefan Düring as president of Bucher Specials and as a new member of group management with effect from 1 January 2014. Stefan Düring has served as head of group development at the Bucher Group since 2006. In 2010 he also took charge of the Bucher Unipektin and Bucher Landtechnik businesses. Since November 2013, Jetter AG, the recently acquired specialist in control systems for automation technology, has been consolidated under Bucher Specials, alongside the segment’s established activities in winemaking equipment (Bucher Vaslin), equipment and technologies for processing fruit juice and instant products and dewatering sewage sludge (Bucher Unipektin), and a distributorship for tractors and agricultural machinery in Switzerland. Stefan Düring will continue to serve as head of the group development.

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 production of wine, fruit juice and instant products. The group's shares are traded on the SIX Swiss Exchange (SIX: BUCN).

600450 Changes to the board of directors and group management

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