Wacker Neuson SE: ad hoc press release in line with Article 15 of the German Securities Trading Act (WpHG)
Cem Peksaglam appointed new CEOMunich, 11-Jul-2011
Cem Peksaglam (43) will be the CEO of Wacker Neuson SE as of September 1, 2011. He succeeds Dr. Georg Sick, who left the Executive Board on September 15, 2010. Richard Mayer has been acting Spokesperson of the Executive Board during this interim period. He will step down from this role but will remain the member of the Executive Board responsible for light equipment.
Cem Peksaglam has a degree in business management and has established a distinguished career in numerous management positions at the Bosch Group. He has proven to be an outstanding manager with a wealth of experience and success, particularly on the international stage.
From the beginning of this year, for example, Cem Peksaglam was the Sales Director for Bosch Security Systems, a global provider of safety and communication solutions with revenue of around EUR 1.4 billion and 12,000 employees. From 2007 to 2010, Peksaglam was President and Managing Director of Robert Bosch (Southeast Asia) Pte. Ltd., based in Singapore, where he was responsible for Bosch’s activities in Southeast Asia and around 4,200 employees. His career at Robert Bosch GmbH included roles as Head of Sales for Central Europe and, prior to that, Head of Strategic Planning in the Automotive Aftermarket sector. Cem Peksaglam also spent several years at Robert Bosch do Brazil in Campinas, Brazil, where he assumed a number of roles including Head of the Regional Headquarters in South America responsible for the Automotive Aftermarket sector.
In addition to the position of CEO, Cem Peksaglam will also be responsible for investor relations, legal issues, HR, Group auditing, real estate and quality management. The remaining members of the Executive Board will retain their positions: Günther Binder (finance and IT), Martin Lehner (compact equipment), Richard Mayer (light equipment) and Werner Schwind (sales, rental, logistics, service, marketing and training).
Additional information on Wacker Neuson SE shares:
Admission: Regulated market / Prime Standard; Frankfurt Stock Exchange
Company headquarters: Germany
Your contact partner:
Wacker Neuson SE
80809 Munich, Germany
Tel. + 49 - (0)89 - 354 02 – 173