Pax Anlage appoints interim CFO
The Board of Directors of Pax Anlage AG has appointed Franz Rutzer as interim CFO. He will take up his position on January 1, 2016 and will support Pax Anlage AG until the position of CFO can be filled permanently.
As the management bodies of Pax Anlage AG are currently defining the company's future strategy, a definitive appointment to this position would only make sense once the strategy development has been completed, Pax Anlage AG writes in a statement.
Franz Rutzer has many years of experience in the management of finance departments in listed companies. He has worked as CFO for Tecan, Saia Burgess and Cicor, among others.
Pax Anlage AG, domiciled in Basel, is majority-owned (directly and indirectly) by Pax Holding (cooperative) and holds 100 percent of the shares in Pax Immotrade, Pax Wohnbauten, Pax-Liegenschaften, Pax Invest, Pax Verwaltungen and Pax Construct. Furthermore, there has been a 51 percent shareholding in Luzerner Sonnenhof Immobilien AG since January 2014. (ah)
