Board of Directors

Pursuant to the Articles of Association, the Board of Directors of Rieter Holding Ltd. consists of no less than five and no more than nine members. Thomas Oetterli was appointed CEO on March 12, 2023 and was also elected to the Board of Directors at the 2023 Annual General Meeting. No other member of the Board of Directors serves in an executive capacity. All other directors are independent in accordance with the Swiss Code of Best Practice for Corporate Governance. Nominations for election to the Board of Directors are made with due regard for the balanced composition of this body, taking industrial and international management and specialist experience into account.

THOMAS OETTERLI

Year of birth: 1969
Chairman since 2024; Member of the Board of Directors since 2023
Chief Executive Officer and member of the Group Executive Committee since 2023
Swiss national
Lic. oec. University of Zurich, Switzerland
Member of the Board of Directors at SFS Group, Heerbrugg, Chairman since 2022

Peter Spuhler

Year of birth: 1959
Member of the Board of Directors since 2009
Swiss national
Non-executive and independent
Owner of Stadler Rail AG, Bussnang, until IPO in April 2019; largest shareholder since IPO; Group CEO a.i. from May 2020 until December 31, 2022.
Chairman of the Board at Stadler Rail AG, Bussnang (and several other companies of the Stadler Rail Group), at PCS Holding AG, Frauenfeld, at Aebi Schmidt Holding AG, Frauenfeld; Vice Chairman at ZSC Lions AG, Zurich (until December 13, 2022), at DSH Holding AG, Weiningen; member of the Board of Directors at Allreal Holding AG, Baar, at Robert Bosch GmbH, Stuttgart, at European Loc Pool AG, Frauenfeld, at Sönmez Transformer Company (STS), Dilovasi; member of the Executive Committee at Swissmem, Zurich; member of the Executive Committee at LITRA, Berne; member of the Swiss federal parliament (Nationalrat) from October 1, 1999 to December 31, 2012

ROGER BAILLOD

Year of birth: 1958
Vice Chairman since 2022; Member of the Board of Directors since 2016; Lead Independent Director since 2024
Swiss national
Non-executive and independent
Degree in Business Economics FH, certified Public Accountant; Professional Board Member since 2017; from 2006 to 2016 Chief Financial Officer and member of the Group Management of Bucher Industries AG
Member of the Board of Directors of Klingelnberg AG, Zurich; Vice Chairman of the Board of Directors of Ed. Geistlich Söhne AG, Schlieren, as well as member of the Board of Directors of Geistlich Pharma AG, Wolhusen; Chairman of the Board of Directors of BKW AG, Berne

Hans-Peter Schwald

Year of birth: 1959
Member of the Board of Directors since 2009
Swiss national
Non-executive and independent
Lic. iur. HSG
Lawyer; senior partner of the law firm Valfor Rechtsanwälte Ltd., Bern, Brussels, Geneva, Lausanne, Zug and Zurich
Chairman of the Board, Autoneum Holding AG, Winterthur; Vice Chairman of the Board, Stadler Rail AG, Bussnang; Chairman of the Board, VAMED Management and Service Switzerland AG as well as VAMED Health Project Switzerland AG, Zihlschlacht, and Chairman of the Swiss VAMED rehabilitation clinics; Chairman, AVIA Association of independent Swiss importers and suppliers of energy products, Cooperative, Zurich; member of the Board of Directors of other Swiss stock corporations

CARL ILLI

Year of birth: 1961
Member of the Board of Directors since 2017
Swiss national
Non-executive and independent
Lic. oec. HSG
Co-owner of CWC Textil AG Group, Zurich, since 2014
Chairman of the Board of Directors of CWC Textil AG, Zurich, and Swisstulle AG, Münchwilen, since 2009
Chairman of Swiss Textiles – Swiss Textile Federation, Zurich, since June 2017; member of the Board of Directors of the Swiss Textile College, Zurich, since 2014; Chairman of the Swiss Association of Textile Specialists, Reinach, from 1999 to 2011
Member of the Board of economiesuisse, Zurich, since September 2020

SARAH KREIENBÜHL

Year of birth: 1970
Member of the Board of Directors since 2022
Swiss and French national
Non-executive and independent
Lic. phil. I, Zurich University
Member of the Management Board, Chief Human Resources Officer of Kühne+Nagel International AG, also responsible for the Group’s Environmental, Social and Governance (ESG) as well as the Quality, Health, Safety and Environment (QSHE) strategy, since 2023; member of the Executive Board of the Federation of Migros Cooperatives, including Head Human Resources and Corporate Communications of Migros Group from 2018 to 2022; Group VP Corporate Human Resources of Sonova Group from 2004 to 2017, including Group VP Corporate Communications from 2012

DANIEL GRIEDER

Year of birth: 1961
Member of the Board of Directors since 2022
Swiss national
Non-executive and independent
HWV
CEO HUGO BOSS AG, Metzingen (Germany) since June 2021
Various positions at PVH from 2010 to 2020, most recently as Global CEO Tommy Hilfiger and CEO PVH Europe; various roles with Tommy Hilfiger from 2004; management of own sales agency from 1985 to 2004, also active for Tommy Hilfiger from 1997

JENNIFER MAAG

Year of birth: 1969
Member of the Board of Directors since 2024
Swiss and German national
Non-executive and independent
Bachelor’s in economics, University of California, Berkeley (USA)
Chairwoman of the Board at Artemis Holding AG, Hergiswil (Switzerland); Member of the Board at Kardex Holding AG, Zurich (Switzerland) as well as at Weidmann Holding AG, Rapperswil (Switzerland); founder of and managing partner at Capital Concepts International AG, Zurich, since 1999; Senior Manager Corporate Finance KPMG AG, Zurich, from 1996 to 1999.

PATRICK HOUWELING

General Counsel and General Secretary Rieter Holding Ltd.

Secretary to the Board of Directors since 2024
Attorney at law
Lic. iur. University of Zurich
Executive M.B.L.-HSG

CROSS-INVOLVEMENT

There are no reciprocal appointments to the Boards of Directors.

COMMITTEES

Audit Committee
Chairman: Roger Baillod
Members: Carl Illi, Hans-Peter Schwald, Jennifer Maag

Nomination Committee
Chairman: Sarah Kreienbühl
Members: Daniel Grieder, Hans-Peter Schwald

Remuneration Committee
Chairman: Sarah Kreienbühl
Members: Daniel Grieder, Hans-Peter Schwald