Wacker Neuson SE: Wacker Neuson expands its Executive Board

DGAP-News: Wacker Neuson SE / Key word(s): Change of Personnel

2016-02-02 / 10:59
The issuer is solely responsible for the content of this announcement.

DGAP-News: Wacker Neuson SE / Key word(s): Change of Personnel

2016-02-02 / 10:59
The issuer is solely responsible for the content of this announcement.

Wacker Neuson expands its Executive Board

(Munich, February 2, 2016)

As of April 1, 2016, Jan Willem Jongert (51) will join the Executive Board of Wacker Neuson SE. In his new role as Chief Sales Officer (CSO), Mr. Jongert will be responsible for the global sales, service, logistics and marketing activities of the Wacker Neuson Group.

New delineation of responsibilities at Executive Board level

At the start of 2013, Cem Peksaglam took on the responsibilities of the outgoing CSO in addition to his own mandate as Chairman of the Executive Board (CEO). Under the leadership of Mr. Peksaglam, the Wacker Neuson Group has gone from strength to strength, reporting record revenues in recent years - and 2015 was no exception. The company has now completed realignment of Group strategy and is in the process of strengthening the Executive Board with this new addition.

Alongside his tasks as CEO, Peksaglam will remain responsible for strategy, mergers and acquisitions, human resource, legal, compliance, real estate, investor relations, corporate communication and sustainability. "We have made good progress with our international growth strategy in recent years and we are now looking to build on our performance here. Mr. Jongert is an experienced international sales expert and we are delighted to welcome him to the Executive Board," explains Cem Peksaglam.

The Executive Board of Wacker Neuson SE will have four members following the addition of Mr. Jongert. Martin Lehner (member responsible for research and development, procurement, production and quality) and Günther Binder (member responsible for finance and IT) will retain their previous areas of responsibility.

About Jan Willem Jongert

Jan Willem Jongert was born in the Netherlands. Before joining the Wacker Neuson Group, he was CEO of Schwarzmüller, a leading manufacturer of commercial vehicles. Prior to this, Jongert spent many years in a number of positions at the Jungheinrich Group, a leading manufacturer of forklift, warehouse and material-flow technology. In his last position there, he was responsible for the Asia-Pacific region. Positions prior to that included heading up an overseas subsidiary in China and responsibility for sales in northern and Eastern Europe. Jongert studied mechanical engineering and has a bachelor's degree in international marketing management.

Your contact partner:
Wacker Neuson SE
Katrin Yvonne Neuffer
Head of Corporate Communication/
Investor Relations
Preussenstrasse 41
80809 Munich, Germany
Tel. +49-(0)89-35402-173

The Wacker Neuson Group is an international family of companies and a leading manufacturer of light and compact equipment with over 50 affiliates and 140 sales and service stations. The Group offers its customers a broad portfolio of products, a wide range of services and an efficient spare parts service. The product brands Wacker Neuson, Kramer and Weidemann belong to the Wacker Neuson Group. Wacker Neuson is the partner of choice among professional users in construction, gardening, landscaping and agriculture, as well as among municipal bodies and companies in industries such as recycling, energy and rail transport. In 2014, the Group achieved revenue of EUR 1.28 billion, employing over 4,500 people worldwide.

2016-02-02 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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