Shareholders adopted all motions proposed by the Board of Directors at the 125th Annual General Meeting of Rieter Holding Ltd. and elected Roger Baillod and Bernhard Jucker to the Board of Directors.
523 shareholders, representing 64 % of the share capital, today attended the Annual General Meeting of Rieter Holding Ltd. In view of the strong annual results for 2015 and the company’s good financial health, a dividend of 4.50 CHF per share was agreed. The shareholders approved the proposed maximum total amount of compensation for members of the Board of Directors and members of the Group Executive Committee for the financial year 2017. Erwin Stoller, Chairman of the Board of Directors, and Michael Pieper, This E. Schneider, Hans-Peter Schwald and Peter Spuhler, directors, were each confirmed for a further one-year term of office. Furthermore, This E. Schneider, Hans-Peter Schwald and Erwin Stoller, the members of the Remuneration Committee who were standing for election, were each re-elected for a one-year term of office. Dr. Jakob Baer and Dr. Dieter Spälti did not stand for re-election at the Annual General Meeting in 2016 and confirmed they were stepping down permanently. Erwin Stoller, Chairman of the Board of Directors, thanked the two long-serving members of the Board of Directors for their high level of commitment and acknowledged their invaluable expertise. In place of the departing members, Roger Baillod and Bernhard Jucker were elected to the Board of Directors at the Annual General Meeting.
Shareholders also adopted all other motions proposed by the Board of Directors, namely approval of the annual report, the annual accounts and the consolidated financial statements for 2015, and formal approval of the actions of the members of the Board of Directors and those of the Group Executive Committee in the 2015 financial year. Moreover, a two-year extension was approved for the authorized capital.
Further dates in 2016
Semi-annual report for 2016: July 21, 2016