ZURICH--Swisscom AG (SCMN.VX) said Friday it has named Mario Rossi as Chief Financial Officer, replacing Ueli Dietiker who will head the Group Related Businesses, among other roles.

MAIN FACTS:

-Mario Rossi is a certified public accountant. He joined Swisscom in 1998 as Head of Reporting and Controlling and has since held various management positions within Swisscom's finance division. Since 2010 he has been Head of Business Steering at Swisscom Switzerland.

-Rossi is replacing Ueli Dietiker, who is stepping down as CFO at his own request. Ueli Dietiker will in future head up Group Related Businesses and will also assume other directorships at Swisscom. Ueli Dietiker has been a member of the Swisscom Group Executive Board since 2002.

--Urs Schaeppi will take over management of Swisscom Switzerland as from 1 January 2013 and will report in this role to CEO Carsten Schloter.

-From 2013 the Group Executive Board will comprise CEO Carsten Schloter; Urs Schaeppi (Swisscom Switzerland); Andreas König (Swisscom IT Services); Mario Rossi (Group Business Steering); Jürgen Galler (Group Strategy & Innovation); and Hans Werner (Group Human Resources).

-The Group Executive Board will in future focus increasingly on further developing Swisscom IT Services, Fastweb and innovations.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com

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