IR-Center Handelsblatt

Zug Estates Holding AG

News Detail

EQS-Ad-hoc News vom 05.07.2019

Tobias Achermann to leave Zug Estates as of 2020 general meeting

Tobias Achermann will step down as CEO of Zug Estates Holding AG at the next general meeting of shareholders in April 2020. The 48-year-old wishes to pursue a new professional direction and take on new challenges.

Tobias Achermann has been CEO of Zug Estates Holding AG since 2014. He has played a key role in the successful implementation of the company's sustainable and innovative growth strategy, and this is clearly reflected in tangible form in the exemplary development of the Suurstoffi site in Rotkreuz.

The board of directors would like to thank Tobias Achermann already today for his substantial commitment and successful contribution to the Zug Estates Group, and wishes him all the best for the future, both professionally and personally. The board will commence the search for a successor to Tobias Achermann with immediate effect.

About Zug Estates

The Zug Estates Group conceives, develops, markets, and manages properties in the Zug region. It focuses on central sites which are suitable for a wide range of uses and allow sustainable development. The real estate portfolio comprises the two sites in Zug and Risch Rotkreuz. The Group also runs a city resort in Zug incorporating the two leading business hotels Parkhotel Zug and City Garden, augmented by a range of restaurant outlets. As at December 31, 2018, the total portfolio value was CHF 1.54 billion.

Zug Estates Holding AG is listed on the SIX Swiss Exchange, Zurich, (ticker symbol: ZUGN; securities number: 14 805 212).

Zurück