The Board of Directors of Comet Holding Ltd., based in Flamatt (Switzerland) and Dr. Roland Zarske, the company's CEO, have decided to separate due to fundamental differences on issues relating to people management. At the same time, the Board of Directors and the company's Head of Human Resources, Pascal Weyermann, have agreed to separate.
Hans Hess, Chairman of the Board of Directors, will head the Executive Board as Managing Director with immediate effect until a new CEO has been appointed. The search for a new CEO has already been initiated.
The Board of Directors acknowledges the contribution that Roland Zarske has made during his tenure as CEO of COMET and would like to thank him for this. Roland Zarske also led the COMET Group successfully through the difficult economic year of 2009.
The COMET Group performed better and according to expectations in the second half of 2009. Earnings at the EBITDA level were significantly better than in the first half of the year. The company continues to implement its established strategy. The 2009 financial statements will be published on 1 April 2010.