Changes in the administrative structure of Kontron AG
Augsburg, November 11, 2016 – Kontron AG, a leading global provider of Embedded Computer Technology (ECT), informs that the members of the Supervisory Board of Kontron AG, Rainer Erlat (Chairman), Harald Joachim Joos und Martin Bertinchamp, have each individually notified by letter dated today that they resign from office with effect from the end of November 30, 2016. The company plans to fill the vacant seats on the Supervisory Board by court-appointment with three new Supervisory Board members that reflect the new shareholder structure of the company.
Subsequently Mr. Sten Daugaard, Chairman of the Management Board, today announced that he intended to free his position for a new management of the company. He will enter into discussions with the Supervisory Board for a corresponding agreement. On July 25, 2016 Mr. Daugaard had changed from the Supervisory Board to the Management Board following the immediate leave of the former Management Board.
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About Kontron:
Kontron, a global leader in embedded computing technology and a pioneer in secure IoT platform solutions, provides a combined portfolio of hardware, middleware and services. With its leading-edge standard products and solution ready platforms, Kontron enables new technologies and applications across multiple industries. As a result, customers benefit from accelerated time-to-market, reduced total cost of ownership, product longevity and the best overall application with the highest reliability in embedded technology. Kontron is a listed company. Its shares are traded in the Prime Standard segment of the Frankfurt Stock Exchange and on other exchanges under the symbol “KBC”. For more information, please visit: www.kontron.com
For more information:
Alexandra Habekost
Head of Investor Relations
Kontron AG
Tel: +49 (0) 821 4086 114
Alexandra.Habekost@kontron.com
Chari Lazaridis
Head of Global Corporate Communications
Kontron AG
Tel: +49 (0) 821 4086 484
Chari.Lazaridis@kontron.com