At the Annual General Meeting of Schweizer Electronic AG on June 28, 2019, the actions of the members of the Executive Board and the Supervisory Board were approved and new Supervisory Board members elected.
The following were elected as new members of the Supervisory Board: Christoph Schweizer, a longstanding member of the Supervisory Board, and Dr. Stefan Krauss, lawyer, as his personal substitute member.
The following were re-elected as members of the Supervisory Board: Michael Kowalski, Consultant, Chris Wu, President of WUS Printed Circuit Co., Ltd. and his personal substitute member C.K. Chen, and Dr. Stephan Zizala, Vice President and General Manager Business Line Automotive Power, Infineon Technologies AG.
In May 2019, the employees of Schweizer Electronic AG had already elected Petra Gaiselmann and Jürgen Kammerer to the Supervisory Board as employee representatives.
In the subsequent constituent meeting of the Supervisory Board, Christoph Schweizer was elected as Chairman and Dr. Stephan Zizala as Deputy Chairman of the Supervisory Board.
A total of 130 shareholders attended the Annual General Meeting on 28 June 2019, with 71.65 percent of the share capital represented by voting rights. Dr. Rolf Merte, Chief Executive Officer, and Marc Bunz, Chief Financial Officer, reported on a successful 2018 financial year, the Management Board's strategy and gave an outlook for 2019.
The actions of the members of the Management Board and Supervisory Board were approved by a large majority at the Annual General Meeting. In addition to the proposed resolutions on the election of the new members of the Supervisory Board, the plenum also approved the the profit appropriation proposal, which provides for a dividend omission, with a large majority.