Change visits Sulzer’s Board of Directors

Now a minority shareholder of Sulzer with its reduced shareholding, Renova has chosen to bring down its Board representation.

As such, Dr Axel Heitmann, the Renova representative with the shortest tenure on Sulzer’s Board of Directors, has tendered his resignation.

The Sulzer Board is now composed of seven members, three of whom represent Renova.

Furthermore, the Sulzer Board has elected Marco Musetti to replace Dr Heitmann on the Audit Committee.