Clariant AG — Board/Management Information 2003

Mar 12, 2003

News Details

Ad-hoc | 12 March 2003 07:30

Clariant AG english

Resolutions of Clariant’s Board of Directors Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Resolutions of Clariant’s Board of Directors Personnel measures In yesterday’s meeting the Board of Directors unanimously appointed Roland Lösser as CEO with immediate effect. Reinhard Handte has resigned as CEO and member of the Board of Directors. The Board of Directors has expressed its recognition of Reinhard Handte’s contributions to the development of the Company. Roland Lösser has been a member of the Clariant Board of Directors for three years and acted previously for 5 years as CFO of the company. Before moving to Clariant Roland Lösser made an international career in Sandoz. Capital measures Considering the company’s financial situation, the shareholders interest and the actual capital market conditions, the Board of Directors of Clariant decided in yesterday’s meeting not to make a proposal for a capital increase at the forthcoming shareholders meeting. end of ad-hoc-announcement (c)DGAP 12.03.2003 ——————————————————————————– WKN: 895929; ISIN: CH0012142631; Index: SMI Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, München und Stuttgart; Schweizer Börse (Hauptsegment); SEAQ-Handel in London 120730 Mär 03