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Kaba Holding AG

euro adhoc: Kaba Holding AG
Management Changes
Kaba Group announces changes in management structure (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
Rümlang, May 9, 2003  -  A number of executive functions have been
reassigned in the Kaba Group’s Door Systems and Access Systems
Divisions. Jakob Gilgen, the former General Manager of Kaba Gilgen AG
in Schwarzenburg, has been appointed the new head of the Door Systems
Division. Also, the Access Systems Europe and Access + Key Systems
Americas Divisions now report directly to CEO Ulrich Graf. These
adjustments follow the successful and meanwhile largely completed
integration of the Unican Group, which was acquired in 2001.
Door Systems Division
Effective July 1, 2003, the Board of Directors of Kaba Holding AG
appointed Jakob Gilgen the new head of the Door Systems Division; he
also joins the Executive Committee of the Kaba Group. Mr. Gilgen
succeeds Sönke Bandixen, who had held this position since 1997.
Over the past ten years, Jakob Gilgen (48) transformed Kaba Gilgen AG
in Schwarzenburg, which became part of the Kaba Group in 1996, into a
technologically leading and profitable manufacturer of door and gate
systems as well as drives. Thanks to his in-depth know-how in
development and production, but also because of his familiarity with
international markets, Jakob Gilgen is highly qualified to drive the
turnaround and development of the Door Systems Division.
Since Jakob Gilgen will be moving from Schwarzenburg to Kaba’s
headquarters in Rümlang, George Ulmschneider, the former managing
director of Kaba AG in Wetzikon, the distribution company that
handles the Swiss market, will assume responsibility for the Door
Systems Division’s domestic distribution organization at Kaba Gilgen
AG in Schwarzenburg. George Ulmschneider is succeeded by his deputy
Hanspeter Padrutt, former head of Systems Integration Switzerland.
Access Systems Division
Heribert Allemann very successfully integrated the Unican companies,
acquired in 2001, into the Kaba Group. In this context, all Access
Systems Divisions worldwide reported directly to him. In the future,
he will focus on the development of the Access Systems Asia-Pacific
Division and on Business Development + IT operations. In this new
function, he remains deputy CEO. 
Ulrich Wydler, head of the Access Systems Europe Division, and Frank
Belflower, head of the Access + Key Systems Americas Division, will
report directly to the CEO.
end of announcement        euro adhoc 09.05.2003

Further inquiry note:

For further information: Ulrich Graf, President and CEO, Tel. +41 1 818 90 61 Dr. Werner
Stadelmann, CFO, Tel. +41 1 818 90 61 Kaba Holding AG CH-8153 Rümlang, Switzerland

Branche: Semiconductors & active components
ISIN: CH0011795959
WKN: 1179595
Index: SPI
Börsen: SWX Swiss Exchange / official dealing

Plus de actualités: Kaba Holding AG
Plus de actualités: Kaba Holding AG