07.05.2024 07:00:53 - dpa-AFX: EQS-News: Sonova announces Management Board succession (english)

Sonova announces Management Board succession

Sonova Holding AG / Key word(s): Personnel
Sonova announces Management Board succession

07.05.2024 / 07:00 CET/CEST

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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


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End of Media Release

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   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
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1896947 07.05.2024 CET/CEST

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