30.03.2017
Progress-Werk Oberkirch AG DE0006968001
DGAP-News: Progress-Werk Oberkirch AG: PWO Supervisory Board extends contract of Bernd Bartmann
DGAP-News: Progress-Werk Oberkirch AG / Key word(s): Contract
Progress-Werk Oberkirch AG: PWO Supervisory Board extends contract of Bernd
Bartmann
30.03.2017 / 08:01
The issuer is solely responsible for the content of this announcement.
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Press Release
PWO Supervisory Board extends contract of Bernd Bartmann
Oberkirch, March 30, 2017 - In yesterday's meeting, the Supervisory Board of
Progress-Werk Oberkirch AG extended Bernd Bartmann's contract. As is
customary for all PWO Management Board members who have reached the age of
sixty, the duration of the new contract is three years. Bernd Bartmann is
thereby appointed until December 31, 2020 and will continue to lead the
commercial operations.
"At PWO, commercial operations encompass a broad area ranging from finance,
controlling and personnel to legal, organization and risk management. Mr.
Bartmann is also responsible for positioning PWO on the capital market. For
more than ten years, he has led his area on par with international
standards, thus safeguarding the Group's global expansion. We are pleased
that we will be able to continue shaping PWO's future with Bernd Bartmann,"
said Karl M. Schmidhuber, Chairman of the Supervisory Board of Progress-Werk
Oberkirch AG.
Bernd Bartmann has been a member of the PWO AG Management Board since
January 1, 2005. His current contract expires on December 31, 2017.
Progress-Werk Oberkirch AG
The Management Board
PWO company profile
PWO is one of the world's leading developers and manufacturers of advanced
metal components and systems in lightweight construction for automobile
safety and comfort. The Group has developed a unique knowledge in the
forming and joining of metals over the course of its more than 95-year
history since it was founded in 1919. The German location at Oberkirch today
employs around 1,500 staff members. PWO is globally represented with further
sites in China, Canada, Mexico, and Czechia. The Group employs a total of
approximately 3,200 staff members.
PW0 is a partner to the global automotive industry for the development and
production of innovative products in the divisions of "Mechanical components
for electrical and electronic applications," "Safety components for airbags,
seats and steering" and "Components and subsystems for vehicle bodies and
chassis."
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30.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Progress-Werk Oberkirch AG
Industriestraße 8
77704 Oberkirch
Germany
Phone: +49 (0)7802 84-347
Fax: +49 (0)7802 84-789
E-mail: [email protected]
Internet: www.progress-werk.de
ISIN: DE0006968001
WKN: 696800
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Tradegate Exchange
End of News DGAP News Service
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559879 30.03.2017
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