Dionex CEO Resigns

Since Dr. Braunschweiler joined Dionex in 2002 (see IBO 7/15/02), the company’s stock price has risen 64% and sales have more than doubled. Ruag Holding AG had 2007 revenues of CHF 1,409 million ($1,174 million).

Sunnyvale, CA 12/5/08; Berne, Switzerland 12/5/08—Dionex has announced that President and CEO Lukas Braunschweiler will resign effective May 31, 2009, to accept the position of CEO of Ruag Holding AG, a Swiss aviation, defense and technology company. “It is with mixed emotions that I have decided to leave Dionex after more than six years of service as Chief Executive Officer,” stated Dr. Braunschweiler. The Board of Directors’ goal is to name a replacement by June 2009.

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