LAUSSANE, 14-Apr-2017 — /EuropaWire/ — Elina Leimgruber, who is mayor of Vevey, has been designated to represent the municipalities of Vaud canton on the Board of Directors of Romande Energie Holding. She will succeed Laurent Ballif, whose term of office expires at the Annual General Meeting on 30 May.
Laurent Ballif, a former mayor of Vevey, joined the Board of Directors of Romande Energie Holding in 2007 and served as a member of the Appointments and Compensation Committee, one of the Board’s subcommittees. His term of office will expire at the Annual General Meeting on 30 May.
The Board of Directors would like to thank him for the expertise and strategic vision he has contributed throughout his term.
Representing Vaud’s municipal shareholders
Under Romande Energie Holding’s Articles of Association, 6 of the 11 members of the Board of Directors are appointed by the Vaud cantonal government, 2 of whom represent shareholding municipalities. Correspondingly, Elina Leimgruber has been designated to succeed Laurent Ballif for a two-year term. This appointment will therefore not be covered by a resolution at the next Annual General Meeting.
Elina Leimgruber has been mayor of Vevey since July 2016. She is also active in several regional companies and bodies, chiefly as vice-chair of the Vevey-Montreux-ChillonVilleneuve (VMCV) public transportation group, a board member of Montreux-Vevey-Riviera (MVR), another public transportation group, and a member of the executive committee of the Service intercommunal de gestion (SIGE), a public water supply and treatment utility.
Notes to editorial desks
This press release is being issued outside the trading hours of the SIX Swiss Exchange as required by the SIX Listing Rules on ad hoc publicity.
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Romande Energie at a glance
Romande Energie Group is the leading electricity distributor in Western Switzerland. Through its subsidiary Romande Energie Commerce, it supplies more than 300,000 end-customers directly in approximately 300 municipalities in the cantons of Vaud, Valais, Fribourg and Geneva. Its core business lines are the generation, distribution and marketing of power together with energy services. Priorities are liaising with customers to ensure high-quality services in line with expectations; guaranteeing a reliable, sustainable and competitive supply of energy; developing proprietary power generation through priority investments in renewable energy; and promoting innovative energy-efficiency solutions. Romande Energie’s corporate social responsibility policy systematically guides its approach to business.
For more information on Romande Energie Group, visit www.romande-energie.ch
SOURCE: Romande Energie Group