LEM Holding SA announced the successor for its Chairman of the Board of Directors. Felix Bagdasarjanz, member of the Board of Directors of LEM Holding SA since 2002 and Chairman since 2004, announced his resignation from the Board due to retirement age on the date of the Ordinary Shareholders' Meeting on June 27, 2013. Following the reelection of Andreas H rlimann to the Board of Directors, its members decided that he would assume the chairmanship.

Andreas H rlimann is an independent board professional and entrepreneur. He brings a wide range of industrial management experience combined with strategic leadership and executive recruitment to the Board of Directors. He was Managing Director at Spencer Stuart in Zurich from 2005 to 2010.