OREANDA-NEWS. At the 20th Annual General Meeting of Clariant Ltd on March 31, 2015, Dr. Dolf Stockhausen will step down from Clariant's Board of Directors. The Board of Directors will propose the election of Mrs. Susanne Wamsler as his successor and thus continuing the representation of the former familiy shareholders of S?d-Chemie AG in Clariant.

Dr. Dolf Stockhausen, a member of Clariant's Board of Directors since 2011, has reached the statutory maximum age for board members of 70 and will therefore resign.

Dr. Stockhausen was a member of the Technology & Innovation Committee. Before joining Clariant's Board in 2011, he was member of the Supervisory Board of Directors of S?d-Chemie AG, Munich.

Rudolf Wehrli, Chairman of the Board: "I'd like to sincerely thank Dolf Stockhausen in the name of the Board of Directors, the Executive Committee and all our employees for his valuable contribution in the last four years, particularly his significant input in the Technology & Innovation Committee and as a representative of the former S?d-Chemie shareholders. We see it as a strong commitment to Clariant that Susanne Wamsler has agreed to continue this representation, once elected by the shareholders on March 31."

Mrs. Susanne Wamsler, born in Frankfurt/Main in 1961 and now residing in Austria, has a U.S. citizenship. Mrs. Wamsler has a degree in Political Economy from Princeton University, New Jersey, USA and a MBA from INSEAD. She held various positions with Deutsche Bank in Munich and New York and has worked successfully as an entrepreneur in different fields, including retail, real estate, telecommunications and wealth management.