Landis+Gyr appoints new Chief Financial Officer

Zug, Switzerland – November 16th, 2020 – Landis+Gyr (LAND.SW) today announced the appointment of Elodie Cingari as the Company’s Chief Financial Officer and a member of the Group Executive Management by the Board of Landis+Gyr Group AG, effective today, November 16th, 2020.

As announced on January 17th, 2020, Landis+Gyr’s Chief Financial Officer (CFO) Jonathan Elmer has decided to retire and will be succeeded by Elodie Cingari, who has been appointed by the Board of Landis+Gyr Group AG as Chief Financial Officer (CFO) of Landis+Gyr Group AG and member of the Group Executive Management, on November 13th with effect as per November 16th, 2020.

Elodie Cingari will join Landis+Gyr from the Hoerbiger Group, where she was Group CFO and Member of the Executive Board. Prior to that, she spent eleven years working for Alstom and later General Electric following its acquisition of Alstom, where she held several global business CFO positions and played an instrumental role in the integration on the financial aspects, of the Grid business, the Power Service business and later the Steam Power business. Ms. Cingari spent the first ten years of her career in Hewlett-Packard where she held different finance leadership roles. An experienced finance professional with a strong background in the IT and energy industries in complex and multinational companies, she holds degrees from several institutions including a Master of Business Administration from BOCCONI University in Italy.

Jonathan Elmer will continue to work for Landis+Gyr AG as Member of the Extended Executive Management until 31 March 2021, and thus enable a smooth handover to Elodie Cingari.

“Jonathan has been instrumental in shaping the company and, on behalf of all of us at Landis+Gyr, I would like to thank him for his unwavering support, dedication and expertise over the years. I welcome Elodie to the team and look forward to working with her. Elodie brings a wealth of experience to the Company and together we will ensure a smooth transition, as Jonathan has agreed to continue to support us until March of next year,” said Werner Lieberherr, Chief Executive Officer of Landis+Gyr Group AG.

Contact Media

Eva Borowski, SVP Investor Relations & Corporate Communications
Phone +41 41 935 63 96

Contact Investors

Christian Waelti, Head of Investor Relations
Phone +41 41 935 6331

Key dates

Extraordinary General Meeting November 24th, 2020
Ex-Dividend Date November 26th, 2020
Dividend Record Date November 27th, 2020
Dividend Payment Date November 30th, 2020
Capital Markets Day January 27th, 2021
Release of Results for Financial Year 2020 May 5th, 2021
Publication of Annual Report 2020 and Invitation to AGM 2021 May 28th, 2021

About Landis+Gyr

Landis+Gyr is a leading global provider of integrated energy management solutions for the utility sector. Offering one of the broadest portfolios, we deliver innovative and flexible solutions to help utilities solve their complex challenges in Smart Metering, Grid Edge Intelligence and Smart Infrastructure. With sales of USD 1.7 billion in FY 2019, Landis+Gyr employs approximately 5,500 people in over 30 countries across five continents, with the sole mission of helping the world manage energy better.