Changes to the Board of Directors and Group Management
Erich Ammann, member of the Board of Directors since 2018, will not stand for re-election at the 2024 Annual General Meeting after more than 35 years of outstanding work for the Schindler Group and will take his well-deserved retirement.
In addition, Adam Keswick will not stand for re-election as a member of the Board of Directors. The decision is based on his assessment that he is currently unable to adequately fulfil his obligations to Schindler due to time overlaps with Jardine Matheson’s Board meetings. All other members of the Board of Directors will stand for re-election at the Annual General Meeting on 19 March 2024. The Board of Directors has decided to postpone the age limit for Alfred N. Schindler and Luc Bonnard in accordance with the exception clause in the Executive Board regulations.
Assuming his re-election, Tobias B. Staehelin will succeed Erich Ammann as a new member of the Supervisory and Strategy Committee.
The Board of Directors has appointed Hugo Martinho (1971) to succeed Tobias B. Staehelin as a member of the Executive Board, responsible for Human Resources, with effect from 1 April 2024. Hugo Martinho has worked for Schindler since 2003 in various positions in Europe and Asia. He has been Head of Human Resources Europe North since 2022. Hugo Martinho holds a degree in law from the University of Coimbra, Portugal.