First Sensor AG: First Sensor AG appoints new Chief Executive Officer
(firmenpresse) - (DGAP-Media / 15.06.2013 / 09:36)
First Sensor AG appoints new Chief Executive Officer
Dr. Martin U. Schefter assumes responsibilities of Dr. Hans-Georg Giering
Systematic push for international growth
Berlin, 06/15/2013 - Effective next Monday, Dr. Martin U. Schefter assumes
the position of First Sensor AG's new CEO. In the future, he and Joachim
Wimmers will jointly manage the company. Dr. Schefter is replacing Dr.
Hans-Georg Giering, who was a member of the company's management board for
the last 14 years and its Chief Executive Officer since 2008. The change at
the top is the result of a mutual agreement. Under Giering's direction, the
company established itself as a reliable provider of customized sensor
solutions around the world and grew substantially in recent years. The new
management board team plans to establish First Sensor AG as one of the
world's leading sensor technology experts.
'The chances are good,' says Dr. Martin U. Schefter, the new CEO. 'First
Sensor owns valuable know-how and deeply committed employees. In an
exciting growing market, First Sensor has become a relevant player and
serves several attractive business niches.' In recent years, the company
has developed unique competences in the relevant market fields - thanks to
the efforts of its own employees and to the acquisition of other companies.
Hence, First Sensor now boasts highly specialized development and
manufacturing know-how. The rapid growth it experienced in recent years has
also resulted - in a very short period of time - in a business of a size
and complexity that demands new focal points to be implemented in its
management and organization.
'Now is the perfect time for a change at the top,' explains departing Chief
Executive Officer Dr. Giering, 'because what the company needs now is a CEO
who places the emphasis on different things than I did - and who enjoys
these things. I will stay in close contact to the company as a shareholder
and will support the new team with best efforts.'
The Chairman of the Supervisory Board of First Sensor AG, Prof. Dr. Alfred
Gossner, thanks Dr. Giering for his contributions: 'The decision of Dr.
Giering demonstrates vision: he is handing over the control to a successor,
who is placing the emphasis on different focal points, is bringing
international experience to the table, and will guide the First Sensor AG
securely through its next phase of growth.'
Based on management board's and supervisory board's opinion, the company is
now of a size, where process optimization, internationalization and
targeted marketing are priorities to globally and profitably sell the
technological innovations. The appointment of Dr. Martin U. Schefter means
that the position of CEO has been filled by a manager who has the essential
experience required to successfully conclude the current growth period and
safely take the company into the next one.
Dr. Martin U. Schefter
Dr. Martin U. Schefter studied electrical engineering from 1982 through
1989 at the TU Berlin, where he also acquired his PhD. Until December 2011,
Dr. Schefter was a Managing Director with the EATON Industries Holding.
During a subsequent sabbatical, he supported emerging technology businesses
during their start-up phases. At EATON Industries Holding he initially
integrated the Moeller GmbH Industrial Control devices business unit into
EATON Holding and subsequently developed the Industrial Automation business
unit. Over the course of his career, which spans around 22 years, Dr.
Schefter assumed responsibility for the initial set-up, further
development, growth and integration of technology companies in a variety of
executive management positions or has assisted businesses as a management
consultant. In the future, he and Joachim Wimmers, who has been part of the
company's management board since March 2012 as the CFO, will jointly manage
the company.
Dr. Hans-Georg Giering
Dr. Giering joined the company 14 years ago. In 2008, he assumed the
position of First Sensor AG's CEO. He had a clear vision for the company
from the start and for many years pursued this objective with great
personal commitment. First Sensor AG has grown consistently under his
direction. During the year of its IPO, the company's revenues rose from EUR
3 million to EUR 112 million in 2012.
About First Sensor
First Sensor AG is a leading provider of high-quality, customer-specific
sensor solutions in the life science, industrial, mobility, security and
aerospace industries. First Sensor was formed in Berlin 20 years ago and
has been listed on the Frankfurt Stock Exchange since 1999 [Prime Standard?WKN (German Securities Code Number): 720190?ISIN: DE0007201907?SIS].
Further information on First Sensor can be found on the Internet at
www.first-sensor.com.
Kontakt: Simone Herrmann?Head of Investor Relations?ir(at)first-sensor.com
T +49 30 639923-760?F +49 30 639923-719
End of Media Release
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Issuer: First Sensor AG
Key word(s): Enterprise
15.06.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: ir(at)first-sensor.com
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP-Media
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