Mettler Toledo Announces Upcoming Retirement of Board Chair Robert Spoerry
14 Dezembro 2023 - 6:30PM
Business Wire
Mettler-Toledo International Inc. (NYSE: MTD) announced today
that Robert F. Spoerry will retire and not stand for re-election to
the Board of Directors at the annual meeting of shareholders on May
9th, 2024. Mr. Spoerry served Mettler-Toledo for 40 years,
including as the CEO from 1993 until 2007, and Chair of the Board
of Directors since 1998, shortly after its IPO. Roland Diggelmann,
an Independent Director of the Board, will be nominated to replace
Mr. Spoerry as Chair of the Board of Directors in May 2024.
Mr. Spoerry stated, “It has been a great privilege to have
worked with the team at Mettler-Toledo. This is the right time for
a transition after enacting a carefully prepared succession and
Board refreshment plan over the last few years. I am confident that
this unique company is in an excellent position to build on its
strong track record by leveraging its customer centric and
innovation culture, and relentless drive for continuous
improvement.”
Tom Salice, Lead Independent Director and Chair of the
Nominating and Corporate Governance Committee, shared, “Roland has
proven to be a strong addition to our Board, and his significant
experience and strong cultural fit position him very well to become
our next Board Chair. His many years as a CEO of multinational
companies in the pharma/life science and medical technology
industries, his extensive international expertise, and his
non-executive director experience provide very valuable
perspectives and insights.”
Roland Diggelmann stated, “I am honored to have been entrusted
with this important responsibility, and it has been a privilege to
work alongside Robert, the Board, and the entire executive team to
prepare for this role. I am impressed with the Company’s
long-standing track record of performance and will work diligently
with the team on its many future market opportunities. I believe
the Company is very well positioned for continued success.”
METTLER TOLEDO (NYSE: MTD) is a leading global supplier of
precision instruments and services. We have strong leadership
positions in all of our businesses and believe we hold global
number-one market positions in most of them. We are recognized as
an innovation leader and our solutions are critical in key R&D,
quality control and manufacturing processes for customers in a wide
range of industries including life sciences, food, and chemicals.
Our sales and service network is one of the most extensive in the
industry. Our products are sold in more than 140 countries and we
have a direct presence in approximately 40 countries. With proven
growth strategies and a focus on execution, we have achieved a
long-term track record of strong financial performance. For more
information, please visit www.mt.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231214485481/en/
Adam Uhlman Head of Investor Relations METTLER TOLEDO Direct:
614-438-4794 adam.uhlman@mt.com
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