New Chairperson of the Board of the Artemis Holding AG
Jennifer Maag, an M&A expert with extensive industry know-how, has been appointed as the new Chairwoman of the Board of Directors of Artemis Holding AG. The change follows the resignation of Benoît D. Ludwig, who is ending his 13-year term of office.
Benoît D. Ludwig is resigning as Chairman of the Board of Directors of Artemis Holding AG by the end of 2023 in order to pursue retirement. He has been a member of the Board since 2010 and was Vice Chairman from 2016 to 2020 before being appointed Chairman in 2020.
Benoît D. Ludwig will be succeeded by Jennifer Maag as Chairwoman of the Board of Directors of Artemis Holding AG. She is the founder and Managing Partner of Capital Concepts International, a mergers & acquisitions boutique based in Zurich, and has over 30 years of experience in the fields of mergers & acquisitions and auditing. Before founding her company in 1999, the 54-year-old worked for KPMG Corporate Finance and Deloitte & Touche in Zurich and Munich. She is a member of the Board of Directors of Kardex and Weidmann and was recently nominated for election to the Board of Directors of Rieter. Jennifer Maag holds a degree in Political Economies from the University of California, Berkeley, and passed the Certified Public Accountant (CPA) examination in 1994.
Michael Pieper, CEO/President of the Artemis Group, says: "On behalf of the Board of Directors and our family, I would like to thank Benoît D. Ludwig for his great, valuable achievements and his extraordinary commitment. We are losing a loyal companion and important strategic advisor who has been with us for decades. With Jennifer Maag, we have gained a proven M&A expert with many years of international experience and extensive industry expertise as Chairwoman of the Board of Directors. I am very much looking forward to working together in the future."
The Artemis Group comprises the Franke Group, the Artemis Real Estate Group (real estate portfolio in Switzerland and abroad), the majority-owned Feintool Group (world market leader in fineblanking technology) and the Artemis Asset Management Group (various strategic investments in international companies listed on the Swiss stock exchange and in private companies). In 2022, the Group generated sales of approximately 3.6 billion Swiss francs with about 11,000 employees worldwide. More information on artemis-holding.com.