New Member For Panalpina’s Board Of Directors Proposed

Panalpina’s board of directors proposes Thomas E. Kern for election as a new member of the board at the upcoming Annual General Meeting (AGM), to be held on May 12, 2015.

Kern (61), a Swiss national, will be nominated to the board as the successor to Hans-Peter Strodel, who will not stand for reelection at the AGM due to the statutory age limit.

Kern has occupied several high-ranking positions throughout his career – he served as Chief Executive Officer of the Swiss retail group Globus, from 2002 to 2006, and as Chief Executive Officer of Flughafen Zuerich AG since 2008.He holds a Master’s degree in law and an MBA from INSEAD.