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Friedrich Merz leaves the Board of Directors at Stadler

Friedrich Merz leaves Stadler's board of directors in order to concentrate on politics I © Merz/ CDU

Friedrich Merz has decided not to stand for re-election to the Board of Directors of Stadler Rail AG at the upcoming Annual General Meeting on 30 April 2020. He expressed the wish to be able to concentrate fully on his political mandates.

Friedrich Merz was elected to the Stadler Board of Directors in 2006. He was the group leader of the CDU / CSU, member of the German Bundestag until 2009 and member of the European Parliament until 1994. He currently holds supervisory board mandates at Flughafen Köln-Bonn GmbH, BlackRock Asset Management Deutschland AG, WEPA Industrieholding SE and HSBC Trinkaus & Burkhardt AG. Until 2014 he was a member of the supervisory board of AXA Gruppe AG and until 2015 a member of the supervisory board of Deutsche Börse AG.

«We would like to thank Friedrich Merz for his many years of service as a member of the Stadler Board of Directors. His experience in politics and business was a win for us. We wish him every success in his future political career», says Chairman of the Board of Directors Peter Spuhler.

The Stadler Board of Directors includes other well-known personalities: Hans-Peter Schwald, Senior Partner at the law firm BianchiSchwald LLC, Kurt Rüegg, Chairman of the Board of Directors of Alantra AG, Fred Kindle, Chairman of the Board of Directors of VZ Holding AG and former CEO of ABB, Christoph Franz, Chairman of the Board of Directors Roche Holding AG, Wojciech Kostrzewa, CEO of Billion Group Ltd. and Barbara Egger-Jenzer, until 2018 Head of the Construction, Traffic and Energy Directorate of the Canton of Bern. At the Annual General Meeting on 30 April 2020, the former Federal Councilor Doris Leuthard is available for election as a member of the Board of Directors.

Source: Stadler Rail

04.03.2020

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