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07.05.2024 07:00:13 - Sonova announces Management Board succession
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Sonova Holding AG / Key word(s): Personnel
Sonova announces Management Board succession
2024-05-07 / 07:00 CET/CEST
Media Release
Stäfa (Switzerland), May 7, 2024 - Sonova Holding AG, a leading provider of hearing care solutions, today announces
upcoming appointments to its Management Board. Lilika Beck, currently Managing Director Connect Hearing Canada in the
Audiological Care business, will succeed Martin Grieder as GVP Consumer Hearing, after he passed away in a tragic
accident at the beginning of April 2024. Oliver Lux, currently Managing Director Audiological Care Germany, will be
appointed GVP Audiological Care, succeeding Christophe Fond, who will pursue a career opportunity outside the hearing
care industry after successfully leading Sonova's Audiological Care business for seven years. Alistair Simpson will
join the company as GVP Cochlear Implants to succeed Victoria Carr-Brendel, who has decided to retire from executive
roles for personal reasons after successfully leading Sonova's Cochlear Implants business since 2019.
Arnd Kaldowski, CEO of Sonova, says: "During their tenure at Sonova, Martin, Christophe and Vicky have played important
roles in driving Sonova's overall success, significantly advancing their respective businesses with great passion and
ambitions for profitable growth. They have built strong teams and created good foundations for their successors and
Sonova. I am very grateful for their dedication and significant contributions to our company over many years."
For the GVP roles in Consumer Hearing and Audiological Care, Sonova is able to leverage its strong talent pipeline by
promoting Lilika Beck and Oliver Lux. Both Lilika and Oliver have delivered strong results at Sonova over many years,
with proven commercial expertise, in-depth knowledge of consumer needs and good foundations in operational excellence.
They have also demonstrated their leadership capabilities in various senior positions across different regions and
businesses at Sonova. The appointments will become effective in June.
Alistair Simpson is an experienced business executive with a successful track record in managing full P&Ls as a General
Manager, including leading marketing, sales and R&D functions. He brings longstanding expertise in highly regulated
medical devices and has held various senior leadership positions in companies including Johnson & Johnson, Danaher and
LivaNova. Alistair will take over the role of GVP Cochlear Implants as of July 1, 2024, after a dedicated immersion
period. He will be based in Valencia (California, USA) at the Advanced Bionics headquarters.
Arnd comments: "We are excited that these three experienced leaders join our Management Board. They will enable us to
continue the successful strategy execution in the three businesses, aiming to drive profitable growth through
innovation and expansion of our customer access. I would like to congratulate Lilika, Oliver and Alistair on their
appointments and look forward to working with them closely."
- End -
Contacts:
Investor Relations
ir@sonova.com
Media Relations
mediarelations@sonova.com
Disclaimer
This Media Release contains forward-looking statements, which offer no guarantee with regard to future performance.
These statements are made on the basis of management's views and assumptions regarding future events and business
performance at the time the statements are made. They are subject to risks and uncertainties including, but not
confined to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by
competitors and other factors outside Sonova's control. Should one or more of these risks or un-certainties materialize
or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or
expected. Each forward-looking statement speaks only as of the date of the particular statement, and Sonova undertakes
no obligation to publicly update or revise any forward-looking statements, except as required by law.
About Sonova
Sonova is a global leader in innovative hearing care solutions: from personal audio devices and wireless communication
systems to audiological care services, hearing aids and cochlear implants. The Group was founded in 1947 and is
headquartered in Stäfa, Switzerland.
Sonova operates through four businesses - Hearing Instruments, Audiological Care, Consumer Hearing and Cochlear
Implants - and the core brands Phonak, Unitron, AudioNova, Sennheiser (under license) and Advanced Bionics as well as
recognized regional brands. The Group's globally diversified sales and distribution channels serve an ever growing
consumer base in more than 100 countries.
In the 2022/23 financial year, the Group generated sales of CHF 3.7 billion, with a net profit of CHF 658 million. Over
17,000 employees are working on achieving Sonova's vision of a world where everyone enjoys the delight of hearing.
For more information please visit www.sonova.com.
Sonova shares (ticker symbol: SOON, Security no: 1254978, ISIN: CH0012549785) have been listed on the SIX Swiss
Exchange since 1994. The securities of Sonova have not been and will not be registered under the U.S. Securities Act of
1933, as amended (the "U.S. Securities Act"), or under the applicable securities laws of any state of the United States
of America, and may not be offered or sold in the United States of America except pursuant to an exemption from the
registration requirements under the U.S. Securities Act and in compliance with applicable state securities laws, or
outside the United States of America to non-U.S. Persons in reliance on Regulation S under the U.S. Securities Act.
Laubisrütistrasse 28
8712 Stäfa
Switzerland
End of News EQS News Service
===
1896947 2024-05-07 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1896947&application_name=news
END) Dow Jones Newswires
May 07, 2024 01:00 ET (05:00 GMT)
Sonova Holding AG / Key word(s): Personnel
Sonova announces Management Board succession
2024-05-07 / 07:00 CET/CEST
Media Release
Stäfa (Switzerland), May 7, 2024 - Sonova Holding AG, a leading provider of hearing care solutions, today announces
upcoming appointments to its Management Board. Lilika Beck, currently Managing Director Connect Hearing Canada in the
Audiological Care business, will succeed Martin Grieder as GVP Consumer Hearing, after he passed away in a tragic
accident at the beginning of April 2024. Oliver Lux, currently Managing Director Audiological Care Germany, will be
appointed GVP Audiological Care, succeeding Christophe Fond, who will pursue a career opportunity outside the hearing
care industry after successfully leading Sonova's Audiological Care business for seven years. Alistair Simpson will
join the company as GVP Cochlear Implants to succeed Victoria Carr-Brendel, who has decided to retire from executive
roles for personal reasons after successfully leading Sonova's Cochlear Implants business since 2019.
Arnd Kaldowski, CEO of Sonova, says: "During their tenure at Sonova, Martin, Christophe and Vicky have played important
roles in driving Sonova's overall success, significantly advancing their respective businesses with great passion and
ambitions for profitable growth. They have built strong teams and created good foundations for their successors and
Sonova. I am very grateful for their dedication and significant contributions to our company over many years."
For the GVP roles in Consumer Hearing and Audiological Care, Sonova is able to leverage its strong talent pipeline by
promoting Lilika Beck and Oliver Lux. Both Lilika and Oliver have delivered strong results at Sonova over many years,
with proven commercial expertise, in-depth knowledge of consumer needs and good foundations in operational excellence.
They have also demonstrated their leadership capabilities in various senior positions across different regions and
businesses at Sonova. The appointments will become effective in June.
Alistair Simpson is an experienced business executive with a successful track record in managing full P&Ls as a General
Manager, including leading marketing, sales and R&D functions. He brings longstanding expertise in highly regulated
medical devices and has held various senior leadership positions in companies including Johnson & Johnson, Danaher and
LivaNova. Alistair will take over the role of GVP Cochlear Implants as of July 1, 2024, after a dedicated immersion
period. He will be based in Valencia (California, USA) at the Advanced Bionics headquarters.
Arnd comments: "We are excited that these three experienced leaders join our Management Board. They will enable us to
continue the successful strategy execution in the three businesses, aiming to drive profitable growth through
innovation and expansion of our customer access. I would like to congratulate Lilika, Oliver and Alistair on their
appointments and look forward to working with them closely."
- End -
Contacts:
Investor Relations
Thomas Bernhardsgrütter +41 58 928 33 44 Jessica Grassi +41 58 928 33 22
ir@sonova.com
Media Relations
Karl Hanks +41 76 367 72 56 Christiane Jelinek +41 76 358 80 36
mediarelations@sonova.com
Disclaimer
This Media Release contains forward-looking statements, which offer no guarantee with regard to future performance.
These statements are made on the basis of management's views and assumptions regarding future events and business
performance at the time the statements are made. They are subject to risks and uncertainties including, but not
confined to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by
competitors and other factors outside Sonova's control. Should one or more of these risks or un-certainties materialize
or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or
expected. Each forward-looking statement speaks only as of the date of the particular statement, and Sonova undertakes
no obligation to publicly update or revise any forward-looking statements, except as required by law.
About Sonova
Sonova is a global leader in innovative hearing care solutions: from personal audio devices and wireless communication
systems to audiological care services, hearing aids and cochlear implants. The Group was founded in 1947 and is
headquartered in Stäfa, Switzerland.
Sonova operates through four businesses - Hearing Instruments, Audiological Care, Consumer Hearing and Cochlear
Implants - and the core brands Phonak, Unitron, AudioNova, Sennheiser (under license) and Advanced Bionics as well as
recognized regional brands. The Group's globally diversified sales and distribution channels serve an ever growing
consumer base in more than 100 countries.
In the 2022/23 financial year, the Group generated sales of CHF 3.7 billion, with a net profit of CHF 658 million. Over
17,000 employees are working on achieving Sonova's vision of a world where everyone enjoys the delight of hearing.
For more information please visit www.sonova.com.
Sonova shares (ticker symbol: SOON, Security no: 1254978, ISIN: CH0012549785) have been listed on the SIX Swiss
Exchange since 1994. The securities of Sonova have not been and will not be registered under the U.S. Securities Act of
1933, as amended (the "U.S. Securities Act"), or under the applicable securities laws of any state of the United States
of America, and may not be offered or sold in the United States of America except pursuant to an exemption from the
registration requirements under the U.S. Securities Act and in compliance with applicable state securities laws, or
outside the United States of America to non-U.S. Persons in reliance on Regulation S under the U.S. Securities Act.
News Source: Sonova Holding AG End of Media Release Language: English Company: Sonova Holding AG
Laubisrütistrasse 28
8712 Stäfa
Switzerland
Phone: +41 58 928 33 33 E-mail: ir@sonova.com Internet: www.sonova.com ISIN: CH0012549785 Valor: 12549785 Listed: SIX Swiss Exchange EQS News ID: 1896947
End of News EQS News Service
===
1896947 2024-05-07 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1896947&application_name=news
END) Dow Jones Newswires
May 07, 2024 01:00 ET (05:00 GMT)
