Corporate | 24 July 2012 09:12
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Grammer AG / Key word(s): Change of Personnel
Grammer AG Supervisory Board appoints Volker Walprecht as new CFO Amberg, July 24, 2012 – The Supervisory Board of SDAX-listed Grammer AG has appointed Mr. Volker Walprecht ( Diplom-Kaufmann ) as a new member of the Executive Board and Chief Financial Officer of the company. Effective October 01, 2012, Walprecht (49) will take office as the successor to Alois Ponnath. Together with CEO, Hartmut Müller, and Manfred Pretscher, this will bring the number of members serving on the Executive Board back to three. Volker Walprecht holds a degree in business administration from the University Gesamthochschule Essen. He brings with him many years of international management experience, particularly in the areas of finance, controlling and M&A in the automotive and commercial vehicles industry, as well as the energy sector. His career history includes time spent with former automotive supplier Mannesmann VDO or Siemens VDO/Continental. His most recent post was as CFO of the division Oil & Gas at Siemens AG. 'With the appointment of Volker Walprecht as new CFO, Grammer has gained a proven financial expert and an insider of the automotive industry. His long-standing experience will serve as a driving force for the company,' says Dr. Klaus Probst, Chairman of the Grammer AG Supervisory Board.
Company Profile
GRAMMER is represented in 18 countries worldwide with a workforce of approx. 9,000 employees across its 24 fully consolidated subsidiaries. GRAMMER shares are listed in the SDAX segment of the German Stock Exchange, and are traded on the Munich and Frankfurt stock exchanges, via the Xetra electronic trading platform and on the OTC markets of the Stuttgart, Berlin and Hamburg stock exchanges.
End of Corporate News 24.07.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | Grammer AG | |
| Postfach 14 54 | ||
| 92204 Amberg | ||
| Germany | ||
| Phone: | +49 (0)9621 66-0 | |
| Fax: | +49 (0)9621 66-1000 | |
| E-mail: | investor-relations@grammer.com | |
| Internet: | www.grammer.com | |
| ISIN: | DE0005895403, DE0005895403 | |
| WKN: | 589540, 589540 | |
| Indices: | SDAX | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart | |
| End of News | DGAP News-Service |
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| 178868 24.07.2012 |