Ad-hoc | 24 July 2007 11:02
MTU Aero Engines Holding AG / Change of Personnel
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.
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Egon W. Behle (51) will become Munich-based MTU Aero Engines Holding AG's
new Chief Executive Officer (CEO), effective the beginning of 2008. The
Supervisory Board of the MDAX-listed company nominated him to the position
of CEO by unanimous vote on Tuesday, July 24. His term of office will run
for three years. Behle, who has a degree in aerospace engineering, comes
from ZF Lenksysteme GmbH in Schwäbisch Gmünd, where he has served as CEO
since 2002. He succeeds Udo Stark (59), who had announced in March that now
that he was turning 60, he opted not to renew his contract with MTU, which
expires at year's end.
Also on July 24, Johannes P. Huth, Chairman of MTU Aero Engines Holding
AG's Supervisory Board, announced that he will resign from his office at
the end of 2007 and leave the company's Supervisory Board. Huth, who is
Member of Kohlberg Kravis Roberts & Co. (KKR) in London, wants to focus his
full attention on other Supervisory Board positions he holds. KKR had sold
the stock it held in the company at the time of MTU's IPO in June 2005 and
in a second placement in January 2006. Klaus Eberhardt, CEO of Rheinmetall
AG in Düsseldorf, is expected to succeed him in his role as Chairman of
MTU's Supervisory Board.
Eckhard Zanger
Senior Vice President Corporate Communications
and Investor Relations
Tel.: + 49 (0)89 14 89-91 13
Fax: + 49 (0)89 14 89-99777
DGAP 24.07.2007
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Language: English
Issuer: MTU Aero Engines Holding AG
Dachauer Straße 665
80995 München Deutschland
Phone: +49 (0)89 14 89-8313
Fax: +49 (0)89 14 89-95062
E-mail: Inka.Koljonen@muc.mtu.de
Internet: www.mtu.de
ISIN: DE000A0D9PT0
WKN: A0D9PT
Indices: MDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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