Change in the Pago Board of Directors

 
Company Markus Schildknecht, 50, is the new Chairman of the Board of Directors of Pago Holding AG, Grabs, the parent company of the internationally active Pago Group. This company offers labels, labeling technology and related services. Schildknecht's appointment is part of a generational change on the Pago Board of Directors, with which the Group intends to prepare itself for a successful future in conjunction with a targeted forward strategy. Board members Giacumin Saluz and Kurt Lautenschlager stepped down from the Board of Directors at the end of September. Schildknecht, a member of the Pago Board of Directors since 2004, holds a degree in engineering from the Swiss Federal Institute of Technology (ETH), is the owner of Schildknecht Consulting, Maienfeld, and a member of the Board of Directors of Neue Zürcher Bank AG, Zurich.