Swiss Post Transfers 50 Million Francs to the Federal Government

The General Assembly of Swiss Post AG approved the consolidated and annual financial statements for 2020 yesterday. The dividend payout from the Post to the Federal Government amounts to 50 million francs, as in the previous year. The General Assembly also confirmed Christian Levrat as the new Chairman of the Board of Directors.

(Bern) At yesterday’s General Assembly, the Federal Government, as the sole shareholder of the Post, followed all the proposals of the Board of Directors. The General Assembly approved the consolidated and annual financial statements for 2020. The dividend that the Post pays to the Federal Government for 2020 is again 50 million francs, as in the previous year. The Federal Government noted that the Post adhered to the upper limits for the fees of the Board of Directors and the salaries of the Executive Management in 2020 and approved their upper limits for the 2022 financial year. The General Assembly granted full discharge to the members of the Board of Directors for the 2020 financial year.

Change in the Board of Directors

The General Assembly followed the Federal Council’s proposal and elected Christian Levrat as the new Chairman of the Board of Directors of the Post starting December 1, 2021. Urs Schwaller was re-elected by the General Assembly as Chairman of the Board of Directors until November 30, 2021. Furthermore, the General Assembly confirmed the previous members of the Board of Directors: Thomas Bucher, Ronny Kaufmann, Bernadette Koch, Denise Koopmans, Nadja Lang, Philippe Milliet, and Corrado Pardini.

Peter Hug, a member of the Board of Directors and Vice Chairman since 2018, has decided not to stand for re-election for personal reasons. The Board of Directors regrets Peter Hug’s resignation and thanks him for his valuable contribution, characterized by his extensive business experience and always in the interest of the Post. The search for a successor is already underway.

Photo: © Swiss Post