Resignation of the Chairman of the AFG Board of Directors

Arbon, 19 February 2013 – The Chairman of the Board of Directors of AFG Arbonia-Forster-Holding AG, Paul Witschi, is resigning from the Board of Directors of AFG. As reason for this step he stated personal reasons.

The Board of Directors of AFG received the news of the resignation with deep regret, but at the same time remained clearly resolved – like the outgoing president – to stay on course with the new strategic alignment which has been decided.

Efforts to find a new Board of Directors’ member to replace Paul Witschi have been initiated. The Vice-Chairman Christian Stambach will act as interim head of the body until the upcoming Annual General Meeting of 19 April 2013, or respectively the subsequent constitutive meeting of the Board of Directors.

Paul Witschi has been a member of the Board of Directors of AFG since 2006, and Chairman since 2011.

Stefan Kern
Head Corporate Communications
T +41 71 447 45 64