DGAP-News: SAF-HOLLAND: Detlef Borghardt takes over as Chairman of the Management Board
(firmenpresse) - DGAP-News: SAF-HOLLAND S.A. / Key word(s): Change of Personnel
SAF-HOLLAND: Detlef Borghardt takes over as Chairman of the Management
Board
28.04.2011 / 12:45
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Luxemburg, April 28, 2011 - After successfully restructuring the Group,
Rudi Ludwig (62), CEO of SAF-HOLLAND Group GmbH, is stepping down from his
operating activities as Chairman of the Management Board at his own request
as of June 30, 2011. Detlef Borghardt (48) will follow as his successor as
CEO effective on July 1, 2011.
Detlef Borghardt has served as Deputy CEO of the Company since the
beginning of the year and has been responsible for the global operations of
the Trailer Systems Business Unit since July of 2007; he is also a member
of the Management Board of SAF-HOLLAND. After completing his studies in
vehicle design engineering in Hamburg, Detlef Borghardt began his career at
Alusuisse-Lonza, where he held various positions in product development and
sales with an increasing amount of responsibility until he ultimately
served as a member of the management team. In the year 2000, he came to SAF
where he initially led global sales, marketing and customer service and he
joined the Management Board in 2007.
'By selecting Detlef Borghardt, we have filled the CEO position from
within. He has played a significant role in the development of the Company
over the past years and he will continue the successful path as a proven
expert in the industry', said Bernhard Schneider, Chairman of the Board of
Directors of SAF-HOLLAND S.A.
Rudi Ludwig has chaired the Management Board of the former SAF since June
2003 and of SAF-HOLLAND Group since July 2007. He has provided the Company
a solid basis over the last eight years. 'We wish to thank Rudi Ludwig on
behalf of the entire Board of Directors and all employees for his
extraordinarily successful contribution as CEO of our Company. Today,
SAF-HOLLAND is in a healthy position financially as well as operationally.
With his strategic vision, Rudi Ludwig shaped SAF-HOLLAND into a leading
supplier for the truck and trailer industry. The Company is well
positioned in its international markets enabling us to continue our growth
strategy with confidence and optimism', according to Bernhard Schneider,
Chairman of the Board of Directors.
Effective July 1, 2011, additional changes in management will also take
effect in connection with the changeover of Company's Chairman of the
Management Board. Steffen Schewerda (40) will take over as Head of Trailer
Systems Business Unit. He will continue in his current role as Head of
Group Operations. Alexander Geis (36), responsible for the Aftermarket
Business Unit and current deputy member of the Management Board, will be
appointed as a full member of the Board. The responsibilities of Jack
Gisinger (62) as Head of the Powered Vehicle Systems Business Unit and
President of the American subsidiary SAF-HOLLAND Inc., as well as Wilfried
Trepels (47) as the Group's Chief Financial Officer, remain unaffected.
At the Annual General Meeting of SAF-HOLLAND S.A., which was held today in
Luxembourg, the mandates of two members of the Board of Directors were
extended. Bernhard Schneider (66), Chairman of the Board, was confirmed as
a member of the Board of Directors until the Annual General Meeting 2015.
Furthermore, Richard Muzzy's (62) mandate asa member of the Board of
Directors was extended by an additional two years until the Annual General
Meeting 2013. The Board of Directors announced Sam Martin (65) as a new
member of the Board at today's Annual General Meeting. Thus, the Board of
Directors of SAF-HOLLAND S.A. is now composed of the following members.
Bernhard Schneider, Ulrich Sauer, Richard Muzzy, Rudi Ludwig and Sam
Martin.
Company Profile:
With sales of approximately EUR 631 million in 2010 and approximately 2,800
employees, SAF-HOLLAND S.A. is one of the world's leading manufacturers and
suppliers of premium product systems and components primarily for trailers
as well as trucks, buses and recreational vehicles. The product range
encompasses trailer axle systems and suspension systems, coupling devices,
kingpins, landing legs and more. SAF-HOLLAND sells products to original
equipment manufacturers (OEMs) in the replacement parts market and, in the
aftermarket business, to the OEM's original equipment suppliers (OESs) on
six continents as well as over a global sales and service network. With the
help of this network, SAF-HOLLAND sells its products to end users and
service centers. SAF-HOLLAND has therefore established itself as one of the
few manufacturers in its sector that is internationally positioned with an
extensive product range and a broad service network. SAF-HOLLAND S.A. has
been listed in the Prime Standard of the Frankfurt Stock Exchange since
June 2007 and has been in the SDAX since December 2010.
Contact:
SAF-HOLLAND Group GmbH
Barbara Zanzinger
Hauptstraße 26
63856 Bessenbach
Phone +49 6095 301-617
barbara.zanzinger(at)safholland.de
End of Corporate News
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28.04.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: SAF-HOLLAND S.A.
68-70, boulevard de la Pétrusse
L-2320 Luxembourg
Großherzogtum Luxemburg
Phone: +49 6095 301 - 0
Fax: +49 6095 301 - 260
E-mail: info(at)safholland.de
Internet: www.safholland.com
ISIN: LU0307018795
WKN: A0MU70
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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121862 28.04.2011
Datum: 28.04.2011 - 12:45 Uhr
Sprache: Deutsch
News-ID 33891
Anzahl Zeichen: 0
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Kategorie:
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