New SWISS Board members to be proposed

11 April 2003

The SWISS Board of Directors will propose two candidates for election to its ranks by the company’s Annual General Meeting of May 6: airline specialist Jan Audun Reinås and Swiss marketing and communications specialist Walter Bosch.

SWISS intends to reduce its Board of Directors to nine members. As already announced, Riccardo Gullotti will be stepping down from the present Board for health reasons. Kevin Benson and Philip H. Geier will also be relinquishing their seats with effect from the 2003 General Meeting in view of the sizeable time commitments required. Peter Wagner left the Board at the end of December 2002.

Nine Board members
With a view to further enhancing its efficiency, the SWISS Board of Directors will comprise nine members in future. The Board is delighted to propose Jan Audun Reinås, an acknowledged airline specialist, and Walter Bosch, a proven expert in the marketing and communications fields, for election to its ranks.

Jan Audun Reinås, a 58-year-old Norwegian national, has been President & CEO of Norske Skog since 1994. Prior to this, he held a number of senior management posts, including CEO of the entire SAS Group. A graduate in economics, he has spent most of his professional career in the transport sector, and occupied various functions with Norwegian State Railways and Scandinavian airline SAS.

Walter Bosch, aged 58 and a Swiss national, studied economics in St. Gallen and Berlin and spent the next 20 years working as a journalist and editor-in-chief before founding the Bosch & Butz advertising agency in 1987. The successful agency was sold to IPG in 1998, since when he has been involved in various business and consulting projects.