Ciba Specialty Chemicals appoints new Chief Financial Officer

24-Nov-2006

The Board of Directors of Ciba specialty chemicals has appointed Jürg Fedier (Swiss, 51) as new Chief Financial Officer and member of the Chairman's Committee as well as the Operational Executive Committee. He will succeed Michael Jacobi in this position as of March 2007.

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Jürg Fedier currently is Head of Finance at Dow Chemical Europe and a member of the Executive Board. He has held a number of leading international positions in finance over the past 25 years, working in the USA, in Asia and in Europe.

Michael Jacobi (53) will leave the Company following his wish to pursue a new career path after ten years as Chief Financial Officer.

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