Schwenk Remains Honorary Chairman and Chairman Of The BoD Of Subsidiary Pilatus Australia Pty Ltd
Oscar J. Schwenk, the longstanding Chairman of the Board of Directors, has decided not to stand for re-election to the office of Chairman of the Board of Directors this year. Having served as Chairman of the Board of Directors for over 15 years, the 76- year-old will hand over to his successor, Hansueli Loosli. The latter has served as Chairman of the Board of Directors of Coop and Swisscom and was awarded the "Entrepreneur of the Year" prize, among others, for his outstanding achievements in the past. He has already been inducted and will take up his duties at Pilatus with immediate effect.