Sonova Holding AG announced the appointment of Martin Grieder to the position of Group Vice President Phonak, effective 1 August 2014. In this newly created role Mr. Grieder will oversee Phonak's business worldwide, along with P&L responsibility. He will join Sonova's Management Board and report directly to Lukas Braunschweiler, CEO of Sonova Holding AG.

Mr. Grieder (born in 1965, Swiss and British citizen) joins Sonova from Nestle, where he was most recently in charge of commercializing BabyNes, the first super premium nutrition system for infants and toddlers worldwide.