Jul 05, 2014. /Lesprom Network/. Hanspeter Balmer is stepping down from the CPH Chemie + Papier Holding AG Board of Directors for health reasons, as the company said in the press release received by Lesprom Network.

Hanspeter Balmer was first elected to the CPH Board of Directors in 1996, and currently chairs the Board’s Finance & Auditing Committee.

He succeeded in this capacity by Max Walter. Max Walter is Deputy Chairman of the Board, and already serves on the Finance & Auditing Committee. Further Board member Tim Talaat will replace Hanspeter Balmer on the Finance & Auditing Committee on an interim basis until the 2015 Ordinary General Meeting.

CPH is an internationally active and diversified industrial group which is headquartered in Switzerland. The CPH Group develops, manufactures and distributes chemical products, wood-based paper and pharmaceutical packaging films.