HUENENBERG, Switzerland--(BUSINESS WIRE)--The Alcon, Inc. (NYSE:ACL) board of directors elected Dr. Daniel Vasella as its chairman of the board, replacing Cary Rayment who had served as chairman since May 3, 2005. Dr. Vasella is also chairman of the board of Novartis AG, which became Alcon’s majority owner after it purchased 52 percent of Alcon’s shares from Nestle SA on August 25, 2010, bringing its total share ownership to approximately 76 percent. He has served on the board of Alcon since July 7, 2008. Mr. Rayment will remain on the board and will serve as its vice-chairman.
