Pfäffikon SZ, July 15, 2008 - Dr. Jörg Eichkorn, Chief Financial Officer and member of the Oerlikon Executive Board, will leave the company to pursue other opportunities. A corresponding agreement between the parties regarding termination of the employment contract was signed today. Dr. Eichkorn will remain with the company and continue as acting CFO until August 31st, by which time the company expects to have named a successor. ‘We wish to thank Jörg Eichkorn for his achievements and exemplary dedication. His contributions during the recent transition phase of Oerlikon are highly appreciated", said CEO Dr. Uwe Krüger.