Peter Ulber elected Panalpina chairman

Panalpina CEO, to be chairman from 1 September 2016, Peter Ulber

Peter Ulber has been elected Panalpina chairman, succeeding Dr Rudolf Hug, who is retiring.

Ulber was confirmed as chairman by the board of directors, succeeding Hug, who had been chairman since 2007 and did not stand for re-election due to age limitations.

Ulber will continue as chief executive officer until 1 September when his designated successor, Stefan Karlen takes over.