DGAP-News: 3W Power Holdings S.A. / AEG Power Solutions : AEG Power Solutions Announces Dietmar Papenfort's Appointment as Vice-President Of the Energy Efficiency SBU
(firmenpresse) - DGAP-News: 3W Power Holdings S.A. / AEG Power Solutions / Key word(s):
Change of Personnel/Change of Personnel
3W Power Holdings S.A. / AEG Power Solutions : AEG Power Solutions
Announces Dietmar Papenfort's Appointment as Vice-President Of the
Energy Efficiency SBU
02.03.2011 / 08:30
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March 2, 2011
AEG Power Solutions
Announces Dietmar Papenfort's Appointment as Vice-President
Of the Energy Efficiency SBU
Warstein-Belecke, March 2, 2010 - AEG Power Solutions, wholly-owned by 3W
Power Holdings S.A. (Euronext Amsterdam 3WP, Frankfurt 3W9, ISIN
GG00B39QCR01, WKN A0Q5SX) announces the appointment of Dietmar Papenfort as
the new Vice-President&General Manager of its Energy Efficiency Strategic
Business Unit (SBU). The appointment will take effect latest on July 1,
2011.
As part of the Agenda 2012, the Energy Efficiency SBU has been formed at
the end of 2010 as a combination of the former industrial&infrastructure
and Telecoms power activities of AEG Power Solutions. The purpose was to
streamline the organizational structure and obtain the benefit of synergies
created in this new group by combining all businesses involved in reliable
high availability power supply for energy, transportation, water or
communication infrastructure.
Improved cost base and focus activities on core vertical and selected
growth markets is the strategy developed within this segment of AEG Power
Solutions business. Actions have started to be implemented. The SBU will
continue to develop its organization and business plans under the
leadership of Dietmar Papenfort, who will replace Peter Bon in this
position and drive the challenge of achieving the performance goals of
Agenda 2012 for this activity.
While Peter Bon has guided the business analysis, he has decided to leave
the company at the end of 2011 to continue his career outside AEG PS.
Dietmar Papenfort has a previous significant experience with AEG Power
Solutions which will make him rapidly operational in his new position.
Dietmar Papenfort, age 45, is currently Vice President Sales EMEA and APAC
of Active Power, a US international power supply company that he joined in
2009. Prior to Active Power, Papenfort served as vice president of Sales
for Northeast Europe at AEG Power Solutions from 2006. Dietmar had joined
the group, at that time AEG AG, in 1992 and then had several positions in
Service, Sales, Product Management and Sales Management. Dietmar Papenfort
holds a degree in Electrical Engineering from the University of Padenborn
(Germany).
About AEG Power Solutions
AEG Power Solutions is a world-leading provider of premium power
electronics. It offers one of the world's most comprehensive product and
service portfolios in power conversion and control, for customers spanning
the infrastructure markets of energy, telecom, lighting, transportation and
general industrial sectors. System solutions from AEG PS are designed to
interface with the electrical power grid and to offer power solutions for
mission-critical applications in harsh environments, such as power plants,
offshore oil rigs, chemical refineries, and utility-scale renewable energy
plants. The company has developed a full range of products for thesolar
energy industry, from solar inverters to turnkey solutions and is investing
in solutions that will enable distributed power generation and smart
micro-grids. Renowned for engineering excellence, the company's customers
benefit from 60 years of expertise and field-proven products.
AEG PS generated revenue of EUR400 million in 2009 with more than 1,500
employees around the world.
3W Power Holdings S.A. is the holding company of AEG Power Solutions Group.
Shares and Warrants in the company are admitted to trading on NYSE
Euronext, Amsterdam (ticker: 3WP and 3WPW, respectively). Shares are also
traded on the Frankfurt Stock Exchange (ticker: 3W9).
This communication does not constitute an offer or the solicitation of an
offer to buy, sell or exchange any securities of 3W Power. This
communication contains forward-looking statements which include, inter
alia, statements expressing our expectations, intentions, projections,
estimates, and assumptions. These forward-looking statements are based on
the reasonable evaluation and opinion of the management but are subject to
risks and uncertainties which are beyond the control of 3W Power and, as a
general rule, difficult to predict. The management and the company cannot
and do not, under any circumstances, guarantee future results or
performance of 3W Power and the actual results of 3W Power may materially
differ from the information expressed or implied in the forward-looking
statements. As a result, investors are cautioned against relying on the
forward-looking statements contained herein as a basis for their investment
decisions regarding 3W Power.
3W Power undertakes no obligation to update or revise any forward-looking
statement contained herein.
For more information: www.aegps.com
Media relations:
Claire Pairault
Tel: + 33 (0)6 19 60 91 64
or + 33 (0)1 55 51 10 76
claire.pairault(at)aegps.com
Jan Hoppe
Burson-Marsteller
Tel: + 49 (0) 69 2 38 09 59
jan.hoppe(at)bm.com
Investor relations:
Jeffrey Casper
Tel: +44(0) 77 91 129 053
or +31(0) 61 09 75 830
jeffrey.casper(at)aegps.com
Christian Hillermann
HillermannConsulting
Tel: +49 (0)40 32 02 79 10
office(at)hillermann-consulting.de
End of Corporate News
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Language: English
Company: 3W Power Holdings S.A. / AEG Power Solutions
Weerenweg 29
1161 AH Zwanenburg
Niederlande
Phone: +31 20 4077 800
Fax: +31 20 4077 801
E-mail: claire.pairault(at)aegps.com
Internet: www.aegps.com
ISIN: GG00B39QCR01
WKN: A0Q5SX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, München, Stuttgart
End of News DGAP News-Service
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114078 02.03.2011
Datum: 02.03.2011 - 08:30 Uhr
Sprache: Deutsch
News-ID 33350
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Kategorie:
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