19.12.2016
Progress-Werk Oberkirch AG DE0006968001
DGAP-News: Progress-Werk Oberkirch AG: PWO Supervisory Board extends the contract of Dr. Volker Simon
DGAP-News: Progress-Werk Oberkirch AG / Key word(s): Contract
Progress-Werk Oberkirch AG: PWO Supervisory Board extends the contract of
Dr. Volker Simon
19.12.2016 / 08:00
The issuer is solely responsible for the content of this announcement.
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Oberkirch, December 19, 2016 - In its meeting held last Friday, the
Supervisory Board of Progress-Werk Oberkirch AG extended the contract of
Dr. Volker Simon for an additional five years. Dr. Volker Simon is thereby
appointed to the Management Board until June 30, 2022, and will continue to
be responsible for the area of Market and Technology.
"In the short time since assuming office, Dr. Volker Simon has been
successful in further enhancing PWO's global position, particularly in the
area of innovative lightweight solutions. He has also strengthened the
Group's position as a premium supplier for our customers' worldwide
platform projects, which is the reason PWO is now standing at the beginning
of a new phase of rapid and sustainable growth. We look forward to
continuing to work together with Dr. Volker Simon in shaping PWO's future,"
commented Karl M. Schmidhuber, Chairman of the Supervisory Board of
Progress-Werk Oberkirch AG.
Dr. Volker Simon has been both the speaker and a member of PWO's Management
Board since July 1, 2014. His current contract will run until June 30,
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 roughly 97-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 the Czech Republic, Canada, Mexico, and China. The Group
employs a total of 3,100 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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19.12.2016 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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Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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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531031 19.12.2016
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