ALTDORF, Switzerland—Datwyler Holding Inc. has appointed Paul Haelg as the chairman of the board of directors, replacing Ulrich Graf who has stepped down from his position due to age-related reasons.
The previously-announced appointment was confirmed during the company's annual general meeting on March 7.
Additionally, long-standing board members Hans Ruegg and Ernst Lienhard did not stand for re-election "due to their age", said Datwyler.
Haelg served as Datwyler's CEO from 2004 to late 2016.
The board of directors also appointed Hanspeter Fassler as vice chairman, succeeding Hans Ruegg.