Zumtobel Group AG: Announcement by the Supervisory Board
January 15, 2018 at 03:59 am EST
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Dornbirn, Austria - The Supervisory Board of Zumtobel Group AG announces that it has received a letter from CEO Ulrich Schumacher in which he states his preparedness to begin discussions over the mutual termination of his Management Board contract if this is desired by the Supervisory Board. A similar offer from CFO Karin Sonnenmoser was rejected by the Supervisory Board. The Supervisory Board expressed its full support in Ms. Sonnenmoser and asked her to continue her work for the company.
Contact Investor Relations
Harald Albrecht
VP Investor Relations
Tel. +43-(0)5572 509-1125
harald.albrecht@zumtobelgroup.com
Press Contact
Simone Deitmer
Head of Corporate Communications
Tel. +43-(0)5572 509-575
simone.deitmer@zumtobelgroup.com
Zumtobel Group AG published this content on 15 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 January 2018 08:59:01 UTC.
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Zumtobel Group AG is an Austria-based company. The Company is engaged as a provider of lighting solutions, lighting components and the associated services. The Company operates through two segments: Lighting Segment and Components Segment. In the lighting segment, the Company produces hardware and software for lighting systems (LED light sources, LED drivers, sensors and light management). It offer services such as advice on intelligent lighting controls and emergency lighting systems, lighting contracting, design services, project management for turnkey lighting solutions as well as new, data-based services with a focus on connecting buildings and cities using light infrastructure, e.g. Real-time location of goods and people using Bluetooth Doppler direction finding. The Components segment includes industry (including logistics, halls, parking garages), office, education and healthcare (including hospitals, schools and universities) and retail (incl. Supermarkets, furniture stores).
ZUMTOBEL GROUP AG 
