DGAP-News: Eric Nève joins HWA AG Management Board

DGAP-News: Eric Nève joins HWA AG Management Board

ID: 186256

(firmenpresse) - DGAP-News: HWA AG / Key word(s): Change of Personnel
Eric Nève joins HWA AG Management Board

25.09.2012 / 08:00

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Eric Nève joins HWA AG Management Board

Affalterbach, 25 September 2012 - HWA AG's Supervisory Board has appointed
Eric Nève (49) as an additional member of the Company's Management Board.
He will take up his duties on 1 October 2012. In the reorganised Management
Board, he will be responsible for Marketing and New Business. Gerhard
Ungar, until now sole member of the Management Board, will be appointed
Chairman.

Eric Nève was Motor Sport Director of Chevrolet Europe from December 2004,
and was responsible for Chevrolet's successful World Touring Car
Championship program.

He was born in France, and grew up in Belgium. He graduated in
International Trade and Finance from the Institut des Hautes Etudes
Economiques et Sociales (IHEES) in Brussels. Eric Nève is a motor sport fan
and has dedicated his entire career to the automobile industry and motor
sport. He began his career at Renault in 1986, and moved to General Motors
(GM) in 1993.

Hans Werner Aufrecht, Chairman of HWA AG'S Supervisory Board, comments on
the new appointment: 'Eric Nève's technical expertise and experience in
motor sport worldwide are of enormous value to us. I am convinced that he
will be a great help to us in developing and diversifying HWA AG's existing
and future activities.'

Gerhard Ungar, HWA AG's Managing Director, is looking forward to working
with his new colleague: 'He will be responsible for the Marketing and New
Business functions. With somebody like Eric Nève as my right-hand man, I
will be able to concentrate more closely on HWA AG's current and future
projects.'

Eric Nève: 'I am proud to be joining such a strongly performing operation




as HWA AG, and am happy to be part of such an enthusiastic team. Our
objectives are to continue to diversify the business, and to introduce a
wide range of services in motor sport and engineering for new customers.'

Contact:

Investor Relations
HWA AG
Benzstraße 8
71563 Affalterbach
Phone: + 49/ (0) 7144/ 8717- 279
Fax: + 49/ (0) 7144/ 8718- 111
ir(at)hwaag.com
www.hwaag.com

Company profile HWA AG:

HWA AG was founded in 1998 as a spin-off from AMG, which was established in
1967 by Hans Werner Aufrecht as the Mercedes-Benz customisation specialist.
Towards the end of 1998 Aufrecht sold a majority interest in AMG Motoren-
und Entwicklungsgesellschaft mbH, as it then was, to Daimler AG. In the
course of the disposal, motor racing, what is today the AMG-Mercedes team
in the German Touring Car Championship (DTM) and parts of the vehicles and
components business was spun off and transferred to HWA AG. In the motor
racing business, HWA AG acts as a full service provider to Daimler AG
Motorsport in the DTM. It is responsible for the whole process of
development and construction of the racing cars, including the motors,
together with all other activities involved in the racing team's
operations. In its vehicles and components business, it develops and builds
cars and vehicle components for the automobile industry. Since 2003 HWA AG
has been producing and servicing racing engines for the Formula 3
Euroseries and the British Formula 3 Series.


End of Corporate News

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25.09.2012 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

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Language: English
Company: HWA AG
Benzstraße 8
71563 Affalterbach
Germany
Phone: +49 (0)7144 87 17-279
Fax: +49 (0)7144 87 18-111
E-mail: ir(at)hwaag.com
Internet: http://www.hwaag.com
ISIN: DE000A0LR4P1
WKN: A0LR4P
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Entry Standard in Frankfurt


End of News DGAP News-Service
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186285 25.09.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 25.09.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 186256
Anzahl Zeichen: 6863

contact information:

Kategorie:

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