Under Klaus Stahlmann's leadership, Sulzer took targeted measures to transform into a market-oriented, globally operating company. With the "Sulzer Full Potential" programme underway, Sulzer is set to become a leading equipment and service provider in its key markets oil and gas, power, and water.

The Board of Directors has acknowledged Mr Stahlmann's intention and the recruiting process for a new Chief Executive Officer is underway. Further developments will be announced in due course.

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