Günther Casjens resigns as member of the Board of Directors due to other commitments

Panalpina announces the resignation of Günther Casjens from the Board of Directors. Due to other time consuming commitments, Mr Casjens decided to resign with immediate effect. The election of a new board member will be held at the Annual General Assembly on May 10, 2011. Günther Casjens joined the Board of Directors in 2005, the year in which the Panalpina Group went public.
The Panalpina Board of Directors would like to express its sincere thanks to Günther Casjens for his many years of collaboration and his contributions which were characterized by his entrepreneurial visions and his vast industry experience.
The Panalpina Group
The Panalpina Group is one of the world’s leading suppliers of forwarding and logistics services, specializing in end-to-end supply chain management solutions and intercontinental air freight and ocean freight shipments. Thanks to its in-depth industry know-how and state-of-the-art IT systems, Panalpina provides globally integrated door-to-door forwarding services tailored to its customers’ individual needs. The Panalpina Group operates a close-knit network with some 500 branches in over 80 countries. In a further 80 countries, it cooperates closely with partner companies. Panalpina employs approximately 15,000 people worldwide.
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Martin Spohn                                                              Jürg Vogt
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martin.spohn@panalpina.com                           juerg.vogt@panalpina.com