Board of Directors

The Board of Directors consists of a minimum of three and a maximum of five members elected for a term of office of three years with the possibility of re-election. The Board of Directors is self-constituting. All four members are non-executive members.

The Board of Directors has certain non-transferable and inalienable duties according to Swiss company law.
The primary duties of the Board of Directors are defined in the Organization Policy and include:

• Establishment of the policy and the strategy of the Ypsomed Group.


• Sets its targets and priorities and allocates the resources for achieving the targets set.


• Defines the organisation of the Ypsomed Group.


• Supervises business activities, is responsible for appointments and dismissals of the persons entrusted with management duties.
  


• Monitors the business activities of the Group companies.

	Name	Nationality	Year	Position	Member since*	Elected until the AGM in
.	Dr. h. c. Willy Michel	Swiss	1947	Chairman of the Board of Directors	1984	2013
	Anton Kräuliger	Swiss	1946	Vice-Chairman of the Board of Directors	2007	2013
	Prof. Dr. rer. pol. Dr. h. c. mult. Norbert Thom	German	1946	Member of the Board of Directors	2005	2013
	Gerhart Isler	Swiss	1949	Member of the Board of Directors	2008	2013

^{* Including membership of the Board of Directors of Disetronic}

Dr. h. c. Willy Michel
Chairman of the Board of Directors of Ypsomed Holding AG and Chief Executive Officer of the Ypsomed Group (> Management) as of August 2011. Willy Michel founded Disetronic together with his brother in 1984. They were together until his brother’s departure from the business in 1995, and thereafter Dr. h. c. Willy Michel was solely responsible for the development, production, distribution and sale of Disetronic products (until 1999). Within the scope of the sale of Disetronic to Roche Holding AG in 2003, Dr. h. c. Willy Michel repurchased the injection business of Disetronic, which has since then traded under the name Ypsomed.

He has held the post of Chairman of the Board of Directors of the Disetronic Group and now the Ypsomed Group without interruption. Prior to the founding of Disetronic, Dr. h. c. Willy Michel, who holds a professional qualification as a pharmaceutical consultant with a federal diploma, obtained a broad range of experience with several industrial and pharmaceutical companies in the fields of development, sales & marketing, and he was the head of Novo-Nordisk Switzerland for six years (from 1978 until 1984). For three years (from 1998 until 2001) he was a member of the Burgdorf City Council, and in 2004 the city awarded him its Medal of Honor. In addition, he is the owner of a number of companies including several wellknown firms involved in the fields of art, watchmaking and gastronomy as well as Finox AG, which is active in the development, manufacturing and sale of pharmaceuticals.

He is currently Vice-Chairman of the Board of Directors of BV Holding AG (from 2001 until March 2008 President), member of the Board of Directors of Adval Tech Holding AG (since 2007), and is a member of the Boards of Directors of various non-listed companies operating in different sectors to the Ypsomed Group and of no significance to its business activities (Faes Bau AG and others). In 2005, Dr. h. c. Willy Michel was declared the “Master Entrepreneur of the Year” for his overall business performance by Ernst & Young AG, and in 2006 he was awarded an honorary doctorate (Dr. h. c.) by the Economic and Social Science Faculty of the University of Bern.


Anton Kräuliger
Vice-Chairman of the Board of Directors of Ypsomed Holding AG (member since 2007). After completing his studies at ETH Zurich with a degree in Mechanical Engineering, Mr. Kräuliger joined the family business in 1971 and in 1978 took over the majority shareholding in Lyss AG (today Metalyss AG), a metal foundry and fittings factory. He developed this company into the leading fittings group on the Swiss market, the Similor Group. Within the scope of the sale of the fittings division to Madison Private Equity Holding AG in 2002 and 2005, Mr. Kräuliger repurchased the Industrial Division, which today is combined into Metalyss AG once more. Between 1993 and 2004, Mr. Kräuliger was a member of the Board of Directors of the listed Bernese Kantonalbank BEKB | BCBE and continues to be an active member of several Boards of Directors including serving as Chairman of the Board of Directors of Metalyss AG (since 1978), Chairman of the Board of Directors of Sécheron SA (since 2005) as well as a member of the Board of Directors of the parent company Sécheron-Hasler Holding AG (since 2005). Anton Kräuliger is also owner of Moospinte AG, a restaurant in Wiggiswil / Münchenbuchsee. As a member of the City Council for the town of Kappelen he is director of the Finance Department.


Prof. Dr. rer. pol. Dr. h. c. mult. Norbert Thom
Member of the Board of Directors of Ypsomed Holding AG since 2005. After studying economics and social sciences, he became a scientific assistant, project manager and private tutor at the University of Cologne, Acting Professor at the University of Giessen and then full Professor of management, organization and human resources studies at the University of Freiburg, Switzerland. Prof. Thom is the founder (in 1991) and director of the Institute for Organization and Human Resources at the University of Bern as well as a full Professor of Business Management Studies. From 1995 until 1997 he was Vice-Chancellor of Finance and Planning and member of the Board of Governors at the University of Bern. From 1997 until 2000 he was a member of the Swiss Scientific Board, which is the advisory body of the Federal Council for questions concerning economic policy. Prof. Thom has three honorary doctorates for his academic achievements in the areas of public management, organization and human resource management. He received these awards from universities in Lithuania (Vilnius), Austria (Linz) and Germany (Halle-Wittenberg). He has many years of practical experience as, among other things, an organizational and human resources advisor to companies, authorities and governments. He is further a member of the Board of Directors at WIFAG Polytype Holding AG, Bern (up to 2011). He has extensive involvement in the further training of managers, is a lecturer for several executive master level courses and is Vice-Chairman of the Volkswirtschaftliche Gesellschaft of the Canton of Bern and Vice Chairman of the Schweizerische Gesellschaft für Organisation und Management (SGO).


Gerhart Isler
Member of the Board of Directors of Ypsomed Holding AG since 2008. After completing his studies in economics at the University of Zurich, Mr. Isler joined the family newspaper publishing company Finanz und Wirtschaft AG as an editor in 1976. In 1980 he managed the company’s editorial department in New York, was head of foreign correspondents from 1981 until 1986, and then held the position of manager of the publishing house until 1989. He then became the owner of Finanz und Wirtschaft, which enjoyed strong growth up to 2000 and became the country’s most important financial newspaper. Mr. Isler subsequently sold the publishing firm but continued as its publisher until the end of 2004. From 2005 until the end of 2008, Mr. Isler was a member of the Board of Directors of the listed company PubliGroupe. In 2005, he was elected to the Board of Directors of Grand Casino Baden. Mr. Isler has been a member of the Board of Trustees of the move>med Foundation, which is involved in the field of sports, since 2005. In 2008, Mr. Isler was elected to the Board of Directors of the listed investment company New Value. Furthermore Mr. Isler is head of the Bergdietikon municipal council.