Sunrise: Change in the Board of Directors and Executive Board
On May 9, 2016, acting CEO Libor Voncina will hand over the reins of the company to the new Sunrise CEO Olaf Swantee. At the same time, Sunrise announces that Peter Kurer is to become Chairman of the Board of Directors of Sunrise Communications Group.
Lorne Somerville, who had assumed the office of Chairman of the Board of Directors of Sunrise on an ad interim basis following the sudden death of Dominik Koechlin, will not stand for re-election as Chairman of the Board of Directors at the upcoming Annual General Meeting of Sunrise on April 15, 2016. In his place, Peter Kurer, former Chairman of UBS AG and partner of BLR & Partners, Thalwil, will be proposed for election as a new member and Chairman of the Board of Directors and as a member of the Nomination and Compensation Committee. Peter Schöpfer, Vice Chairman of the Board of Directors and Chairman of the Nomination and Compensation Committee, Jesper Ovesen, Chairman of the Audit Committee, and Lorne Somerville, member of the Nomination and Compensation Committee, are standing for re-election. Daniel Pindur and Siddharth Patel will step down from the Board of Directors at the end of the Annual General Meeting on April 15, 2016.
Michael Krammer, the telecommunications entrepreneur and former CEO of Orange in Austria and e-Plus in Germany, will also be proposed to the Annual General Meeting for election to the Sunrise Board of Directors, as will Fund Manager Robin Bienenstock, who was previously a senior analyst at the global investment firm Sanford Bernstein. Both are also to sit on the board's audit committee.
