Change in the Chair of the BKW Board of Directors

Urs Gasche is stepping down from the Board of Directors, with Roger Baillod nominated to replace him as Chairman

The BKW Board of Directors will propose to the General Meeting on 7 May 2021 that it elect Roger Baillod as Chair. The current Chairman Urs Gasche will be stepping down on that day.

After almost 20 years on the BKW Board of Directors, Urs Gasche has decided to step down at the next General Meeting on 7 May 2021. The Board of Directors thanks its long-serving Chairman for the outstanding work he has performed for BKW. Particularly noteworthy was the early impetus for the successful strategy shift at BKW, in both the Energy and Services business. Despite extremely difficult conditions on the international energy market, BKW’s new strategy has created value in the amount of CHF 4.5 billion for its shareholders along with numerous new jobs. It also offers trailblazing solutions in the field of energy, buildings and infrastructure. Urs Gasche has been a member of the Board of Directors since 2002 and Chairman since 2010.

The BKW Board of Directors will propose to the General Meeting on 7 May 2021 that it elect Roger Baillod (62) as the new Chair. The experienced finance expert has been a member of the Board of Directors since 2013 as well as Chair of the Audit and Risk Management Committee. Roger Baillod served as Chief Financial Officer for the international industrial group Bucher Industries for over 20 years and sat on the board of Migros-Genossenschafts-Bund for 12 years. Currently, the economist and auditor concentrates on his director mandates for such companies as the exchange-listed Rieter AG and Klingelnberg AG. Roger Baillod comes from the canton of Neuenburg, grew up in the Aargau and lives in Stäfa, canton of Zurich. He has two adult children.

“I am very glad about my nomination as Chair of the BKW Board of Directors and and I look forward to the challenge of furthering BKW’s extremely successful trajectory for a future that is entrepreneurial, collaborative and trailblazing in line with the company’s core values,” says Roger Baillod.