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Bellevue Group AG: Management change at Bellevue Group

Bellevue Group AG / Management change at Bellevue Group. Processed and
transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely
responsible for the content of this announcement.
The Board of Directors of Bellevue Group and CEO Urs Baumann have decided by
mutual agreement that a new CEO will guide the company through its next phase
of development. This decision ensures full alignment between the Board of
Directors and Executive Board regarding the corporate vision and strategy of
Bellevue Group. After three successful years at the helm, Urs Baumann will be
leaving the Bellevue Group at the end of April to pursue a new
entrepreneurial challenge.
André Rüegg
will assume operational management of the Group ad interim.

Under Urs Baumann's leadership Bellevue Group underwent a compelling
development. In particular Urs Baumann and his team achieved the smooth
transition of management responsibility for Bellevue Group from its founders,
restored the company's profitability as well as significantly increased
assets under management and recurring revenues. In the words of Dr. Thomas
von Planta, Chairman of the Board of Bellevue Group: "During Urs Baumann's
time as CEO, the company was adjusted to the new reality in the wake of the
financial crisis and a sound foundation for further profitable growth was
laid. We are now entering a new chapter in the Group's development. Together,
the Board and Urs Baumann arrived at the conclusion that the next steps
should be taken under new leadership. On behalf of the Board of Directors, I
thank Urs Baumann for his great dedication and his contribution to the
development and success of the Bellevue Group. We wish him every success for
his new entrepreneurial endeavors."

André Rüegg will assume the responsibility of CEO ad interim. He is the
current head of Bellevue Asset Management and has been with Bellevue Group
for more than 6 years. "André Rüegg is an executive with profound knowledge
of Bellevue Group and we are pleased to have him at the helm of the Group
during this interim period," remarks Thomas von Planta. The search for a new
CEO of Bellevue Group has been initiated.


Media Relations:

Jürg Stähelin, IRF Communications

Telephone +41 43 244 81 51;

Investor Relations:

Daniel Koller, CFO

Telephone +41 44 267 67 00, Fax +41 44 267 67 01,

Bellevue Group

Bellevue Group is an independent Swiss financial boutique listed on the SIX
Swiss Exchange. Established in 1993, the company and its approximately 90
employees are specialists in the fields of Brokerage, Corporate Finance and
Asset Management. Bellevue Group includes the two subsidiaries Bank am
Bellevue and Bellevue Asset Management. The bank boasts superb knowledge of
the Swiss stock and bond market and offers independent research opinions and
recommendations as well as viable solutions for capital market transactions.
Bellevue Asset Management is focused on selected active equity investment
strategies in growing markets, in healthcare industries as well as in other
special themes such as entrepreneur-led companies.

Press Release (PDF)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bellevue Group AG via Globenewswire


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