Ad hoc Releases

Gurit appoints new Chief Financial Officer

Zurich, June 20, 2019 – Gurit (SIX Swiss Exchange: GUR) today announced the appointment of Philippe Wirth as Chief Financial Officer and Member of the Executive Committee.

Philippe Wirth has a strong business background in Finance, Business Processes and IT. He will report to Rudolf Hadorn, Chief Executive Officer of Gurit.

Prior to joining Gurit Philippe Wirth was Group CFO of Crealogix, a Swiss stock-listed company. Before this he held several senior finance related roles at Mettler-Toledo and was heading a global business transformation program. Philippe Wirth is a Swiss national and holds a degree in Economics, Finance, Accounting and Audit from the University of Zurich. He will start his position at Gurit in January 2020.

“I am pleased to welcome Philippe Wirth to Gurit as our new CFO. He has broad financial and leadership skills and will be a strong addition to our executive team.” states Rudolf Hadorn, CEO of Gurit.  

Patrick Sparer, Group Controller, will take over the CFO function ad interim until Philippe Wirth assumes his new role as CFO of Gurit.

About Gurit:

The subsidiaries of Gurit Holding AG, Wattwil/Switzerland, (SIX Swiss Exchange: GUR) are specialized on the development and manufacture of advanced composite materials, related technologies and select finished parts and components. The comprehensive product range comprises fibre reinforced prepregs, structural core products, gel coats, adhesives, resins and consumables. Gurit supplies global growth markets with composite materials, composite tooling equipment, core material wind turbine blade kits, structural engineering and select finished parts. Gurit operates production sites and offices in Canada, China, Denmark, Ecuador, Germany, Hungary, Indonesia, India, Italy, New Zealand, Poland, Spain, Switzerland, Turkey, United Kingdom and the United States. For more information, please visit www.gurit.com   

Gurit Group Communications

Thomas Nauer
Phone: +41 44 316 15 55
E-mail. thomas.nauer (at) gurit.com

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Forward-looking statements:

To the extent that this announcement contains forward-looking statements, such statements are based on assumptions, planning and forecasts at the time of publication of this announcement. Forward-looking statements always involve uncertainties. Business and economic risks and developments, the conduct of competitors, political decisions and other factors may cause the actual results to be materially different from the assumptions, planning and forecasts at the time of publication of this announcement. Therefore, Gurit Holding AG does not assume any responsibility relating to forward-looking statements contained in this announcement.