Wacker Neuson SE / Key word(s): Change of Personnel13.07.2011 / 15:45---------------------------------------------------------------------New CEO brings wealth of experience in international business(Munich, July 12, 2011) Light and compact equipment manufacturer WackerNeuson SE has appointed a new CEO. Cem Peksaglam (43) will be taking thehelm on September 1, 2011. He succeeds Dr. Georg Sick, who left theExecutive Board on September 15, 2010.Business management graduate Cem Peksaglam has held a variety of managementpositions in the Bosch Group during his career. He spent nine years ininternational management, where he gathered a wealth of experience innumerous regions including South America and the Far East. From 2007 to2010, Mr. Peksaglam was President and Managing Director of Robert Bosch(Southeast Asia) Pte. Ltd., based in Singapore, where he was responsiblefor Bosch's activities in Southeast Asia and for around 4,200 employees. Inthe course of his career, Cem Peksaglam also took on management positionson an honorary basis in various chambers of commerce, umbrellaorganizations and industry working committees both within and outside ofGermany. He speaks six languages and is married with two children.Mr. Peksaglam has gained in-depth experience in a variety of industries,which he draws upon to the greatest effect when managing personnel fromdiverse cultural backgrounds. Active experience with high-tech productsthroughout his career has given him a solid technical foundation. CemPeksaglam will be bringing all of these capabilities - and in particularhis international experience - to Wacker Neuson. 'Numerous strengths suchas service and quality excellence, innovative product solutions,uncompromising customer focus and a dedicated workforce mean that WackerNeuson has exactly what it takes to become an even bigger player inestablished and emerging markets. My role is to ensure that we dovetailthese valuable assets as effectively as possible to secure the long-termsuccess of Wacker Neuson,' Cem Peksaglam explains.Hans Neunteufel, Chairman of the Supervisory Board of Wacker Neuson SE,goes on to explain why Cem Peksaglam was the candidate of choice.'Establishing a strong base in Europe and North America was previously atop priority for many European construction equipment manufacturers. Overthe next twenty years, however, Asia and South America will become majorgrowth spots. Our decision to appoint Mr. Peksaglam CEO aligns with ourstrategy to capitalize on the challenges and opportunities presented bythese markets. We are bringing on board an experienced business executivewith a strong background in engineering, an outstanding internationalreputation and years of leadership at Bosch. Both he and his colleagues onthe Executive Board of Wacker Neuson SE will give added momentum to ourjourney as we reach for our ambitious growth goals,' he adds.In addition to the role of CEO, Cem Peksaglam will be responsible forinvestor relations, legal issues, HR, Group auditing, real estate andquality management. Richard Mayer will step down from his interim role asacting Spokesperson of the Executive Board. He will, however, remainresponsible for light equipment at Executive Board level. 'We are lookingforward to working with Mr. Peksaglam and shaping the future of WackerNeuson,' explains Mr. Mayer speaking on behalf of the Executive Board.Günther Binder (finance and IT), Martin Lehner (compact equipment) andWerner Schwind (sales, rental, logistics, service, marketing and training)will also retain their former areas of responsibility. 'We would like tothank all four members for their efforts in successfully steering thecompany through this interim phase despite the significant increase intheir workload,' emphasizes Chairman of the Supervisory Board HansNeunteufel.Your contact partner:Wacker Neuson SE Katrin Yvonne NeufferHead of Corporate Communication /Investor RelationsPreussenstr. 41 80809 Munich, GermanyTel: +49-(0)89-35402-173katrin.neuffer@wackerneuson.com www.wackerneuson.comAbout Wacker NeusonWacker Neuson SE is a global manufacturer of light and compact equipment.With over 30 affiliates and more than 180 locations across the globe, thecompany offers an exceptionally broad portfolio of products and services.Manufacturing activities are distributed across three German, one Austrian,two American and one Philippine production sites. Almost all productsmanufactured by the company are branded Wacker Neuson. The only exceptionsto this in Europe are Kramer Allrad products and Weidemann-brandedagricultural machinery. With over 300 product categories and complementaryrental, spare parts and repair services, Wacker Neuson is the partner ofchoice among professional users in construction, gardening, landscaping andagriculture, as well as among municipal bodies and companies in theindustrial and recycling sectors.End of Corporate News---------------------------------------------------------------------13.07.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language: English Company: Wacker Neuson SE Preußenstr. 41 80809 München Deutschland Phone: +49 - (0)89 - 354 02 - 0 Fax: +49 - (0)89 - 354 02 - 390 E-mail: info@wackerneuson.com Internet: www.wackerneuson.com ISIN: DE000WACK012 WKN: WACK01 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 131922 13.07.2011
