DGAP-News: Manz AG: COO Volker Renz to leave the company effective September 30, 2011
(firmenpresse) - DGAP-News: Manz AG / Key word(s): Change of Personnel
Manz AG: COO Volker Renz to leave the company effective September 30,
2011
15.09.2011 / 13:55
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Reutlingen, September 15, 2011 - Manz AG has today reached a mutual
agreement with Volker Renz, its Chief Operating Officer, to sever his
contract with effect from September 30, 2011. After a number of highly
successful years with the company, Mr. Renz is stepping down from the
Management Board by mutual agreement with the proprietors and the Chairman
of the Supervisory Board, Professor Heiko Aurenz. His departure stems from
differences of opinion regarding the future strategic orientation of the
company and how this should be implemented.
Volker Renz joined Manz AG in 2003 and was appointed to the post of COO in
2007. The mutual trust established over this period through consistently
constructive cooperation still persists in the bond of friendship between
Mr Renz and his Management Board colleagues and Supervisory Board members.
The company and its employees would like to thank Volker Renz for his
commitment over many years.
Negotiations are currently taking place with potential successors. Until
this process has been successfully completed, the duties of the COO will be
shared between Dieter Manz, CEO Manz AG, and CFO Martin Hipp.
Company profile:
Manz AG - passion for efficiency
Manz AG, headquartered in Reutlingen, Germany, (ISIN: DE000A0JQ5U3) is one
of the world's leading high-tech engineering firms. Founded in 1987, in
recent years the company has grown from an automation specialist into a
supplier of integrated production lines for crystalline solar cells and
thin-film solar modules, as well as lines for manufacturing flat panel
displays. One of its newest areas of business is the development and
manufacture of production systems for lithium-ion batteries. The company,
led by founder Dieter Manz, has been listed on the stock exchange in
Germany since 2006, and currently operates production facilities in
Germany, China, Taiwan, Slovakia, and Hungary. At the end of the second
quarter, Manz AG had approximately 1,900 employees, 800 of which work in
Asia. With its new slogan 'Passion for Efficiency,' Manz's engineers are
making a promise to offer its customers - all companies active in important
future markets - increasingly efficient production equipment.
Investor relations contact:
cometis AG
Dominic Großmann
Tel.: +49 (0)611 - 205855-15
Fax: +49 (0)611 - 205855-66
E-Mail: grossmann(at)cometis.de
Public relations contact:
Manz AG
Axel Bartmann
Tel.: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
E-Mail: abartmann(at)manz.com
End of Corporate News
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15.09.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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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: Manz AG
Steigäckerstr. 5
72768 Reutlingen
Germany
Phone: +49 (0) 7121 9000-0
Fax: +49 (0) 7121 9000-99
E-mail: info(at)manz.com
Internet: http://www.manz.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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139394 15.09.2011
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Unternehmensinformation / Kurzprofil:
Datum: 15.09.2011 - 13:55 Uhr
Sprache: Deutsch
News-ID 64514
Anzahl Zeichen: 6924
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Kategorie:
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