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Daniel Lutz becomes new Group CEO of ORIOR AG(Tensid Regulatory Via Acquire Media NewsEdge) ORIOR GROUP PRESS RELEASE Zurich, 22 October 2014 Daniel Lutz becomes new Group CEO of ORIOR AG The Board of Directors of ORIOR AG has appointed Daniel Lutz as the group's new CEO. Daniel Lutz (born 1966) is aSwiss citizen and is currently Managing Director of Nestlé Food and Beverage in the Greater China Region. He will take over at ORIOR in February 2015. Until then, the Group will continue to be led on an interim basis by Bruno de Gennaro. Daniel Lutz is a proven and experienced food specialist with very good knowledge of the Swiss market and especially of the retail sector. An economics graduate, he was for several years head of Nestlé's Frisco Findus Division in Rorschach, where he was responsible for production as well as sales and marketing. Before that he held various management positions at Nestlé in Switzerland, Mexico and Malaysia. As Managing Director of Nestlé Food and Beverage in China, Hong Kong and Taiwan, Daniel Lutz is currently responsible for a billion-franc market. Rolf U. Sutter, Chairman of ORIOR's Board of Directors, says: "Daniel Lutz brings to us the crucial combination of international expertise and excellent knowledge of the Swiss market environment. ORIOR is a broad-based company with various product categories and locations. Daniel Lutz is currently managing a similarly diverse business with great success. In addition to this he impressed us from the start with his modest manner, management qualities, strategic thinking and desire to create something sustainable." Daniel Lutz says the following about his new role: "ORIOR's story is unique. It will be an honour for me to lead the company into the future. The quality of its product range, its culture of innovation and its unique spirit provide a foundation and an inspiration for me to help write ORIOR's continuing story." The Board of Directors would already like to offer its heartfelt thanks to Bruno de Gennaro. Within just a short period of time he has made a decisive mark in terms of strategy and results. As the Head of ORIOR's Convenience Segment and Member of the Management Board, Bruno de Gennaro will continue to be a key figure for ORIOR. Contact Rolf U. Sutter (Chairman) For the Board of Directors Tel.: +41 44 308 65 00 E-mail: [email protected] Milena Mathiuet Head of IR and M&A Tel.: +41 44 308 65 13 E-mail: [email protected] Investors' diary 26 February 2015: Publication of 2014 annual results 26 March 2015: AGM 20 August 2015: Publication of 2015 half-year results ORIOR - Excellence in Food ORIOR is a Swiss food group with a long tradition. It specializes in fresh convenience foods and refined meats. With its innovative products and its brands "Rapelli", "Ticinella", "Spiess", "Fürstenländer Spezialitäten", "Le Patron", "Fredag", "Pastinella" and "Nature Gourmet", it occupies leading positions in fast-growing niches within the Swiss retail and food service markets, as well as in selected sales channels in neighbouring countries. In the 2013 financial year, ORIOR Group achieved sales of CHF 520.0 million with 1300 employees. ORIOR is listed on the SIX Swiss Exchange (ORON, ISIN CH0111677362). For further information please visit www.orior.ch Media release (pdf) ProviderChannelContactTensid Ltd., Switzerland www.tensid.chnewsbox.ch www.newsbox.chProvider/Channel related enquiries [email protected] +41 41 763 00 50 (c) 2014 Tensid Ltd., Switzerland. |