Calvin Grieder elected to Board of Directors of Hilti

Schaan (FL), April 12, 2016 – At today’s Annual General Meeting, the shareholders of Hilti Corporation elected Calvin Grieder as a new member of the Board of Directors.

With this election, the Board of Directors of Hilti Corporation was enlarged by one additional full member. Calvin Grieder who was elected for a term ending with the 2019 Annual General Meeting has taken office as of April 12, 2016.

After having been raised in the U.S., Mr. Grieder (born 1955) graduated in process engineering from the Swiss Federal Institute of Technology in Zurich (ETH). He then held various management positions in Swiss and German companies in the fields of measurement and control, automation and engineering. In 2001, Calvin Grieder left Swisscom to join Bühler Group as CEO. As of February 2014, he also became Chairman of the Board of Directors of Bühler Group. Mr. Grieder is also a member of the Board of Directors of the Swiss-based companies Givaudan SA and Implenia AG.

Hence, with immediate effect, the Board of Directors of Hilti Corporation consists of its Chairman Prof. Dr. Pius Baschera (Zürich, CH) and the following members: Michael Hilti (Schaan, FL), Barbara Milian Thoralfsson (Oslo, NOR), Kim Fausing (Sonderborg, DK), Heinrich Fischer (Rüschlikon, CH), Calvin Grieder (Küsnacht, CH), Dr. Michael Jacobi (Binningen, CH) and Dr. Tis Prager (Zumikon, CH).