Ruag Holding

Dr Myriam Meyer Stutz becomes new member of the Executive Board and CEO of RUAG Aerospace

    Berne (ots) - The Board of Directors of the RUAG technology group has appointed Dr Myriam Meyer Stutz as CEO of RUAG Aerospace and elected her to the Executive Board. She will take up her new position and assume responsibility for the operational management of the company on 1 August 2005.

    43-year-old Myriam Meyer comes from Turtmann (Canton of Valais). She is married and, after completing school in Sion, graduated in mechanical engineering at ETH Zurich in 1987. She then went on to do a PhD at ETH Zurich's Institute of Mechanical Systems.

    After a variety of vocational training programmes in Switzerland and abroad, she worked for several years with SR Technics at Zurich Airport, starting as the assistant to the head of aircraft maintenance. She subsequently became head of Project Engineering, where she was responsible for complex technical modifications and upgrades to aircraft belonging to various airlines. Her next position was as Vice President of "Operations Control and Resource Planning" at Swissair Flight Operations. Latterly Dr Meyer was Vice President and a member of the executive management of Roche Consumer Health Ltd, where she had global responsibility for Human Resources and HR strategy.

    Myriam Meyer's appointment as CEO means that the interregnum at RUAG Aerospace will end on 31 July 2005. The Board of Directors would like to thank Peter Scherrer, Business Area Manager, Systems and Astronautics, and interim head of RUAG Aerospace, for leading the company with foresight since the unexpected death of Peter Schneuwly.

            The RUAG technology group

    RUAG is an international aerospace and defence specialist with strong technological skills.  The Group's holding company is based in Berne (Switzerland). With production sites in Switzerland and Germany, RUAG is a leading supplier and integrator of systems and components for civilian and military aerospace applications. It is active in aircraft construction as well as in the maintenance and fitting out of aircraft and helicopters.

    The company is the industry partner for the technical weapons and systems upgrade programme of its key customer, the Swiss Armed Forces. It supplies and integrates complex weapon, command & control and simulation systems for other countries' armed forces and the international authorities market.  RUAG is also an international leader in ammunition manufacturing.

    RUAG is an expert in high-precision manufacturing technologies for the aerospace and defence sectors as well as for the automotive, semiconductor and mechanical engineering industries. RUAG's engineering skills provide the foundations of its dynamic role in development and production.

ots Originaltext: RUAG

Bruno Frangi
Kommunikationschef RUAG
Tel. +41/(0)313'76'64'50

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