Zurich, Switzerland, January 28, 2019. Gurit (SIX Swiss Exchange: GUR) today announced that it will appoint further members to its Group Executive Committee. The Gurit Group Executive Team will be enlarged from previously six to a total of eight members effective February 1, 2019. The new structure will be composed of long-standing Gurit executives as well as experienced managers who have joined Gurit only recently.

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New appointed to the Gurit Group Executive Committee will be:

Bing Chen, General Manager and Head of Business Unit Tooling. Bing Chen has been heading the Gurit Tooling business since July 2011.

Frank Virenfeldt Nielsen, CEO of former JSB Group which was acquired by Gurit in October 2018 and is now operating as Gurit Business Unit Kitting.

«The broadening of our Group Executive Team will strengthen the strategic leadership  in Gurit and also assures that the requirements of the different business units are all well represented at Group level,» says Rudolf Hadorn, CEO of Gurit.

About Gurit:

The companies of Gurit Holding AG, Wattwil/Switzerland, (SIX Swiss Exchange: GUR) are specialized on the development and manufacture of advanced composite materials, related technologies and select finished parts and components. The comprehensive product range comprises fibre reinforced prepregs, structural core products, gel coats, adhesives, resins and consumables. Gurit supplies global growth markets with composite materials on the one hand and composite tooling equipment, core material wind turbine blade kits, structural engineering and select finished parts on the other. The global Group has production sites and offices in Switzerland, Denmark, Germany, Hungary, Italy, Poland, Spain, the U.K., Turkey, Canada, the U.S.A., Ecuador, New Zealand, India and China.