23.03.2018
ElringKlinger AG DE0007856023
DGAP-Adhoc: ElringKlinger creates dedicated Management Board role for e-mobility - Reiner Drews appointed COO
DGAP-Ad-hoc: ElringKlinger AG / Key word(s): Change of Personnel
ElringKlinger creates dedicated Management Board role for e-mobility -
Reiner Drews appointed COO
23-March-2018 / 13:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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ElringKlinger creates dedicated Management Board role for
e-mobility - Reiner Drews appointed COO
Dettingen/Erms (Germany), March 23, 2018 +++ Having focused to an increasing
extent on electromobility, ElringKlinger will now introduce a dedicated
Management Board function for this area. It is to be headed by Theo Becker.
Reiner Drews will be appointed Chief Operating Officer as from April 1,
2018. The Management Board contract of Chief Financial Officer Thomas
Jessulat has been extended.
At its meeting on March 23, 2018, the Supervisory Board of ElringKlinger AG
passed a resolution for the introduction of a fourth area of Management
Board responsibility. Theo Becker, former Chief Operating Officer of the
ElringKlinger Group, will assume overall responsibility for this newly
created function. Theo Becker will focus on the areas of battery technology
and fuel cell technology, in addition to overseeing the integration of the
hofer Group. These areas had already been part of his remit as a member of
the Management Board. In creating a new Management Board role dedicated to
e-mobility, the company has emphasized the importance of this field of
business to ElringKlinger's future operations.
Reiner Drews (48), who has been employed at ElringKlinger since September 1,
2006, is currently responsible for the Speciality Gaskets and Cylinder-head
Gaskets divisions. As from April 1, 2018, he will take over Management Board
responsibility from Theo Becker for manufacturing operations, the German
plants, and the area of quality assurance.
"We are delighted that in Reiner Drews as COO we have appointed an
acknowledged operations expert, thereby tapping talent developed within our
own ranks. Given the current scale of ElringKlinger's business, it is
important that Theo Becker can focus entirely on our new fields of business.
For ElringKlinger, the area of new drive technologies, in particular, holds
tremendous opportunities for the future," says Chief Executive Officer Dr.
Stefan Wolf.
In addition, the Supervisory Board extended the contract of Thomas Jessulat
(48), Chief Financial Officer of ElringKlinger, by five years as from
January 1, 2019, i.e., until December 31, 2023.
For further information, please contact:
ElringKlinger AG
Dr. Jens Winter
Investor Relations / Corporate PR
Max-Eyth-Straße 2
D-72581 Dettingen/Erms
Phone: +49 7123 724-88335
Fax: +49 7123 724-85 8335
E-mail: [email protected]
About ElringKlinger AG
As an automotive supplier, ElringKlinger has become a trusted partner to
vehicle manufacturers - with a firm commitment to shaping the future of
mobility. Be it optimized combustion engines, high-performance hybrids, or
environmentally-friendly battery and fuel cell technology, ElringKlinger
provides innovative solutions for all types of drive systems.
ElringKlinger's lightweighting concepts help to reduce the overall weight of
vehicles. As a result, vehicles powered by combustion engines consume less
fuel and emit less CO2, while those equipped with alternative propulsion
systems benefit from an extended range. In response to increasingly complex
combustion engine technology, the Group also continues to make refinements
with regard to gaskets in order to meet the highest possible standards.
Additional solutions include thermal and acoustic shielding components as
well as particulate filters and end-to-end exhaust gas purification systems
for engines used in stationary and mobile applications. The Group's
portfolio is complemented by products made of the high-performance plastic
PTFE which are also marketed to industries beyond the automotive sector.
These efforts are supported by a dedicated workforce of more than 9,300
people at 45 ElringKlinger Group locations around the globe.
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23-March-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: ElringKlinger AG
Max-Eyth-Straße 2
72581 Dettingen/Erms
Germany
Phone: 071 23 / 724-0
Fax: 071 23 / 724-9006
E-mail: [email protected]
Internet: www.elringklinger.de
ISIN: DE0007856023
WKN: 785602
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich, Tradegate Exchange
End of Announcement DGAP News Service
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668117 23-March-2018 CET/CEST
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