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SFZN — Siegfried Holding AG News Story

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Lonza seen up after it names new CEO

** Shares in Lonza  LONN.S  are seen up 2% in pre-market
indications after the Swiss contract drug manufacturer named
Wolfgang Wienand, CEO of Siegfried Holding  SFZN.S , as its new
chief executive starting from summer 2024
    ** Wolfgang Wienand will replace Chairman Albert Baehny, who
has served as interim CEO at Lonza since October 2023
    ** Vontobel says Wienand's strategy of organic and
acquisition-driven growth at Siegfried has been successful
    ** "With the nomination of Wolfgang Wienand, a good
successor as CEO of Lonza has been found" - Vontobel

 (Reporting by Amir Orusov)
 ((Amir.orusov@thomsonreuters.com))

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