DGAP-News: SHW AG: Sascha Rosengart appointed new CFO of SHW AG
(firmenpresse) - DGAP-News: SHW AG / Key word(s): Change of Personnel
SHW AG: Sascha Rosengart appointed new CFO of SHW AG
07.05.2013 / 07:29
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PRESS RELEASE
Sascha Rosengart appointed new CFO of SHW AG
Aalen, 7 May 2013. The Supervisory Board of SHW AG has appointed Mr Sascha
Rosengart as its new CFO effective 6 May. Most recently, Mr Rosengart was
CFO and member of the management board of the Hengst Automotive Group.
There, he had been responsible for the Legal, Finance, Controlling and
Internal Controls areas since 2010. Previously, Mr Rosengart, who holds an
MBA and is a Certified Public Accountant (CPA), had been Divisional
Financial Director and Deputy CFO - Europe for a US automobile industry
supplier. The Company and the Supervisory Board welcome Mr Rosengart on
board and look forward to a good and successful collaboration.
Mr Oliver Albrecht, CFO of SHW AG from 28 February 2011 until 6 May 2013 is
leaving the Company by best mutual consent. This was agreed upon by the
Supervisory Board and Mr Albrecht.
The Company thanks Mr Albrecht for his excellent work over the past years
and wish him success in the future and all the best for him personally.
About SHW
The enterprise was established in 1365, making it one of the oldest
industrial enterprises in Germany. Today, SHW AG is a leading automotive
supplier with products that contribute substantially to a reduction of fuel
consumption and consequently CO2 emissions. In its Pumps and Engine
Components business segment, the SHW Group develops and produces pumps for
passenger cars and truck and off-highway applications, e.g. trucks,
agricultural and construction vehicles, stationary motors and wind power
stations. The Brake Discs business segment develops and produces monobloc
ventilated brake discs made of cast iron and lightweight brake discs made
from a combination of an iron friction ring and an aluminium pot. Customers
of the SHW Group include leading European and North American automobile
manufacturers, manufacturers of commercial, construction and agricultural
vehicles and other automotive suppliers. The SHW Group currently has four
manufacturing sites in Germany, located in Bad Schussenried,
Aalen-Wasseralfingen, Tuttlingen-Ludwigstal and Neuhausen ob Eck. With
slightly more than 1,000 employees, the SHW Group generated sales from
continuing operations in 2012 of EUR 325 million. Further information is
available at: www.shw.de
Contact person
Michael Schickling
Head of Investor Relations&Corporate Communications
SHW AG
Telephone: +49 (0) 7361 502 462
Email: michael.schickling(at)shw.de
Future-oriented statements
This press release contains certain future-oriented statements that are
based upon current assumptions and forecasts made by the management of SHW
AG. Various known and unknown risks, uncertainties and other factors may
lead to the actual results, financial position, development or performance
of the company deviating considerably from the appraisals specified here.
The company assumes no obligation to update future-oriented statements of
this nature or adapt them to future events or developments.
Note
This announcement does not constitute an offer to sell securities in the
United States of America, Canada, Australia, Japan or any other
jurisdictional territory where offers are subject to statutory
restrictions. The securities named in this announcement mayonly be sold or
offered for sale in the United States of America following their prior
registration in accordance with the provisions of the version of the US
Securities Act of 1933 currently in force (the 'Securities Act') or,
without prior registration, only on the basis of an exemption. Unless
provided for by certain exceptions within the Securities Act, the
securities named within this announcement may not be sold or offered for
sale in Australia, Canada or Japan, nor may they be sold or offered for
sale to or for account of residents of Australia, Canada or Japan. No
registration of the offer or sale of the securities named in this
announcement will take place, as stipulated by the relevant statutory
provisions in Canada, Australia and Japan. There is no public solicitation
to buy securities in the United States of America.
End of Corporate News
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07.05.2013 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: SHW AG
Wilhelmstrasse 67
73433 Aalen-Wasseralfingen
Germany
Phone: +49 7361 502-1
Fax: +49 7361 502-421
E-mail: info(at)shw.de
Internet: www.shw.de
ISIN: DE000A1JBPV9
WKN: A1JBPV
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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209923 07.05.2013
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Datum: 07.05.2013 - 07:29 Uhr
Sprache: Deutsch
News-ID 256690
Anzahl Zeichen: 8294
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Kategorie:
Business News
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