Roche‘s board will propose Christoph Franz to be elected as chairman of the board at the annual shareholders meeting on March 4, 2014. Mr. Franz is a member of Roche’s board and currently serves as the chief executive officer of Lufthansa. If elected, Mr. Franz will succeed Franz B. Humer, who announced at the 2013 shareholder meeting that he would not be standing for re-election. Mr. Franz’s contract at the Lufthansa Group expires on May 31, 2014 and will not be renewed. Mr. ...