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FOR IMMEDIATE RELEASE
Dr. Martin Madaus to Retire from METTLER TOLEDO Board of Directors
COLUMBUS, Ohio -- January 16, 2015 -- Mettler-Toledo International Inc. (NYSE: MTD) announced today that Dr. Martin D. Madaus will be retiring as a director of the Board, effective May 7, 2015, to fully devote time to his new role as Chairman and Chief Executive Officer of Ortho-Clinical Diagnostics. Robert F. Spoerry, Chairman of the Board, stated, "We sincerely thank Martin for his many contributions and dedication to METTLER TOLEDO. We regret that he has to retire due to his new commitments and wish him well as he takes on this time-intensive role."
The Board has determined to reduce the size of the Board by one member upon the retirement of Dr. Madaus.
METTLER TOLEDO is a leading global supplier of precision instruments and services. The Company has strong leadership positions in all businesses and believes it holds global number-one market positions in a majority of them. Specifically, METTLER TOLEDO is the largest provider of weighing instruments for use in laboratory, industrial and food retailing applications. The Company is also a leading provider in analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line
measurement in production processes. In addition, METTLER TOLEDO is the largest supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. Additional information about METTLER TOLEDO can be found at www.mt.com/investors.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Mettler-Toledo International Inc. via Globenewswire
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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