The Interroll Group has been led by Paul Zumbühl as CEO since January 1, 2000, and in 2015 the trade magazine LT-manager named him LT-manager of the Year. In the more than 20 years under his leadership, Interroll has developed into the world's leading provider of material handling solutions. Under his leadership, sales, profitability and market capitalization have increased many times over.

The upcoming change at the top of the Group Executive Board in 2021 follows a succession plan that has been planned and implemented since 2016, which was shaped by Tanner and implemented by the entire Board of Directors. Urs Tanner has announced that he will step down as Chairman of the Board of Directors in May 2021, but will remain on the Board of Directors as Lead Independent Director for a further year (until May 2022).

The Board unanimously proposes Paul Zumbühl for the position of Chairman of the Board of Directors at the 2021 Annual General Meeting and announces that it will appoint him as Active Chairman if his election is confirmed. This role is intended to support the future CEO, whose nomination will be announced at a later date, in clearly defined strategic areas and projects and is limited to a period of two years. At the same time, Urs Tanner will stand for election as Lead Independent Director for the first year in order to ensure, together with the Board of Directors, effective control and supervision during the transition phase and strict compliance with recognized corporate governance guidelines. After two years, the role of Active Chairman will be returned to the regular Chairman's Office in 2023.

"The success of Interroll over two decades is closely linked to the achievements of Paul Zumbühl. We are therefore very pleased that he is making his many years of unique expertise available in this handover phase, which is so important for the future of Interroll, and beyond," says Urs Tanner, Chairman of the Board of Directors of Interroll Holding AG. "We are convinced that our proposal sets the right course for achieving the company's long-term goals in the interests of all stakeholders. Stable management and continuity are crucial for the future success of Interroll."