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Walter T. Vogel resigns as Chairman

Zurich, October 25, 2017 – Change in the chair of the board of directors of ASH Group: Walter T. Vogel who led ASH Group between 2007 and 2015 as CEO and who was chairman of the board since 2015 resigns from this position as of December 31, 2017.
Main shareholder Peter Spuhler will lead the board of directors from January 1, 2018.

«I express my sincere thanks to Walter Vogel for his valuable commitment to the company during these ten years. As a reliable and extremely efficient performer he has successfully realized the merger between Aebi and Schmidt and has led the company to market leadership in the municipal, airport and agricultural segments in a highly demanding economic environment», declares Peter Spuhler, who was, as majority shareholder, already a member of the board of directors. During Walter Vogel’s period as CEO the strategically important acquisition in the USA could be realized which allowed the group to successfully gain a foothold in the North American airport market.

During the last two years the graduated mechanical engineer (ETHZ) has successfully realized a generation change in the operational management of the company. «The 10 years during which I was privileged to lead the ASH group were an extremely exciting challenge. I sincerely thank the whole team for the fruitful cooperation and Peter Spuhler for his trust and outstanding support. In the future I will now concentrate on my assignments as chairman of Skyguide and St. Gallisch-Appenzellische Kraftwerke as well as on my board mandate with Kardex», says Walter Vogel.