Continuity within ElringKlinger Management Board - Supervisory Board extends Management Board contracts
Dettingen/Erms (euro adhoc) -
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
companies
Dettingen/Erms, 27 February 2007 +++ The Supervisory Board of ElringKlinger AG has decided to extend the Management Board contracts of Chairman Dr. Stefan Wolf as well as Karl Schmauder for a period of five years, ending January 31, 2013. The existing contracts had covered a term of office ending January 31, 2008.
In observance of the provisions laid out in the German Corporate Governance Code, the initial appointment in January 2005 had been limited to three years.
Dr. Wolf is responsible for the participations, the central divisions finance, controlling, law, human resources, investor relations, IT and public relations as well as the business divisions spare parts and industrial parks. Schmauder is responsible for OEM sales and new business fields.
end of announcement euro adhoc 27.02.2007 18:40:26
Further inquiry note:
Stephan Haas
Investor Relations
Telefon: +49 (0)7123 724-137
E-Mail: stephan.haas@elringklinger.de
Branche: Automotive Equipment
ISIN: DE0007856023
WKN: 785602
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Baden-Württembergische Wertpapierbörse / official dealing
Original-Content von: ElringKlinger AG, übermittelt durch news aktuell