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| Rudolf W. Hug nominated as Chairman Designate | 04/19/2007
| The Board of Directors of the global freight transport and logistics group Panalpina has appointed its member Rudolf W. Hug as new Chairman Designate. He will take office subsequent to the Annual General Meeting of 15 May 2007, succeeding Panalpina’s longstanding Chairman Gerhard Fischer, who will retire after 42 years with Panalpina. |
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| Rudolf W. Hug, age 63, joined the Board of Directors in 2005 when the company went public and has also been a member of its Audit Committee since then. “Rudolf W. Hug possesses extensive management skills and experience and is ideally positioned to act as the new Chairman thereby creating an optimum foundation for the Group’s further successful development”, commented Chairman Gerhard Fischer.
From 1977 to 1997, Rudolf W. Hug worked in several positions for Schweizerische Kreditanstalt (today Credit Suisse). During the period from 1987 until 1997, he ran the international division and served as member of the executive board of Credit Suisse and Credit Suisse First Boston. Since 1998, Rudolf W. Hug has been active as an independent management consultant. He holds a PhD in law from the University of Zurich and an MBA from INSEAD, Fontainebleau (France).
Pictures of Rudolf W. Hug for download |
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The Panalpina Group
The Panalpina Group is one of the world’s leading suppliers of forwarding and logistics services, specializing in intercontinental air freight and ocean freight shipments and associated supply chain management solutions. Thanks to its in-depth industry know-how and state-of-the-art IT systems, Panalpina provides globally integrated door-to-door forwarding solutions tailored to its customers’ individual needs. The Panalpina Group operates a close-knit network with some 500 branches in 90 countries. In a further 60 countries, it cooperates closely with selected partner companies. Panalpina employs more than 14,000 people worldwide. |
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