Straumann Group announces that its Chairman Gilbert Achermann has decided not to seek re-election as Chairman and Board member at the Annual General Meeting 2024. The Board of Directors will propose Petra Rumpf, Vice-Chair and former Straumann Group executive as the new Chair at the Annual General Meeting in 2024.
Gilbert Achermann, Chairman, said: “After more than 25 years serving for Straumann Group and many highlights, it is a good time to step down next year. Today, the Group is a truly global operator with a leading market position in its dental specialties, led by implant dentistry. The company is in an excellent position with a strong strategy as well as a proven CEO and Executive Management Board. With our long-term strategy, the next phase of sustainable development and digital transformation is clearly defined and communicated. I am happy to leave knowing that Petra Rumpf, an excellent industry expert and passionate Straumann Group leader is standing for election as Chairperson. Her profound industry knowledge, strategic expertise and deep understanding of digital transformation will be a great fit to steer Straumann Group into its next phase of growth.”
Gilbert Achermann joined Straumann Group as the CFO following the IPO in 1998, which he led as investment banker at UBS. In 2002 he became CEO and took over as Chairman of the Board of Directors in 2010. During Gilbert Achermann’s tenure, the Group’s market capitalization rose from CHF 300 million at the time of listing to currently CHF 23 billion.
Petra Rumpf has been a member of the Straumann Board of Directors since 2021 and holds several Board positions in healthcare companies. With more than 15 years in executive board positions in the dental industry, Petra Rumpf is a seasoned MedTech executive and brings a wealth of industry knowledge, an exceptional network and a strong track record in building fast-growing global businesses. Before joining the dental industry, she worked at Capgemini Consulting for 16 years across several continents and served as Vice President Strategy & Transformation in the life science and high-tech sectors.
To further support the growth strategy and management team, the board will continue to identify potential new members to the board while staying entrepreneurial and nimble.
Disclaimer
This release contains forward-looking statements that reflect the current views of management, and which are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Straumann Group to differ materially from those expressed or implied in this document. Statements are made on the basis of management's views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, pandemics, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside Straumann's control. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Straumann is providing the information in this release as of this date and does not undertake any obligation to update any statements contained in it as a result of new information, future events or otherwise. This release constitutes neither an offer to sell nor a solicitation to buy any securities.
Gilbert Achermann, Chairman, said: “After more than 25 years serving for Straumann Group and many highlights, it is a good time to step down next year. Today, the Group is a truly global operator with a leading market position in its dental specialties, led by implant dentistry. The company is in an excellent position with a strong strategy as well as a proven CEO and Executive Management Board. With our long-term strategy, the next phase of sustainable development and digital transformation is clearly defined and communicated. I am happy to leave knowing that Petra Rumpf, an excellent industry expert and passionate Straumann Group leader is standing for election as Chairperson. Her profound industry knowledge, strategic expertise and deep understanding of digital transformation will be a great fit to steer Straumann Group into its next phase of growth.”
Gilbert Achermann joined Straumann Group as the CFO following the IPO in 1998, which he led as investment banker at UBS. In 2002 he became CEO and took over as Chairman of the Board of Directors in 2010. During Gilbert Achermann’s tenure, the Group’s market capitalization rose from CHF 300 million at the time of listing to currently CHF 23 billion.
Petra Rumpf has been a member of the Straumann Board of Directors since 2021 and holds several Board positions in healthcare companies. With more than 15 years in executive board positions in the dental industry, Petra Rumpf is a seasoned MedTech executive and brings a wealth of industry knowledge, an exceptional network and a strong track record in building fast-growing global businesses. Before joining the dental industry, she worked at Capgemini Consulting for 16 years across several continents and served as Vice President Strategy & Transformation in the life science and high-tech sectors.
To further support the growth strategy and management team, the board will continue to identify potential new members to the board while staying entrepreneurial and nimble.
Disclaimer
This release contains forward-looking statements that reflect the current views of management, and which are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Straumann Group to differ materially from those expressed or implied in this document. Statements are made on the basis of management's views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, pandemics, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside Straumann's control. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Straumann is providing the information in this release as of this date and does not undertake any obligation to update any statements contained in it as a result of new information, future events or otherwise. This release constitutes neither an offer to sell nor a solicitation to buy any securities.
