HOCHDORF Group Press Release: Change in senior management

Michiel de Ruiter to leave the HOCHDORF Group

Hochdorf, 7 January 2015 - Michiel de Ruiter, Managing Director of the Baby Care division of HOCHDORF Swiss Nutrition Ltd and a member of the senior management team is to make a career change. For this reason the Board of Directors and the leadership team regret to announce that he will be leaving the HOCHDORF Group at the end of April.

Michiel de Ruiter assumed the role of Managing Director of the international Baby Care division at the beginning of 2006. He and his team succeeded in growing and developing what was then a new business area in the HOCHDORF Group.

Michiel de Ruiter is leaving the company at the end of April of his own volition and will take on a new challenge outside the HOCHDORF Group. The Board of Directors and the senior management team regret Michiel de Ruiter's departure and would like to take this opportunity to thank him for the many years of service and the great commitment he has shown and to wish him every success in his new career.

Michiel de Ruiter will continue to perform his duties as Managing Director of the Baby Care division up to the end of April 2015. The HOCHDORF Group will provide information about his successor in due course.

Contact: Dr Christoph Hug, Head of Corporate Communications HOCHDORF Group
Tel: +41 (0)41 914 65 62 / +41 (0)79 859 19 23, christoph.hug@hochdorf.com