PDF [2.5 MB] - Kolbenschmidt Pierburg AG

Newsline
Responsibility passed on: Eberhardt takes over as executive board chairman
Brauner chairs the supervisory board
(Continued from page 1)
the growth of the Rheinmetall group.
Back in 1980 a midsize industrial company
with sales of around 700 million
German marks and 6,000 employees
mainly involved in arms production,
Rheinmetall has inside 20 years evolved
into a significant technology group with
34,000 employees and the three core
sectors of Automotive, Electronics and
Defence, with sales of approximately 9
billion German marks in 1999. Brauner
has thus developed Rheinmetall into
Röchling’s most significant asset.
Management
replacement
Bremen. Due to the unexpected
budget shortfalls in the 1999 result,
the shareholders Rheinmetall AG
(51%) and British Aerospace plc
(49%) as well as the supervisory
board of STN Atlas Elektronik GmbH,
Bremen, decided to replace with
immediate effect the management
board of STN Atlas Elektronik GmbH.
Dr.-Ing. Ernst-Otto Krämer (60),
chairman of the management board,
Dr. Thomas Kritzler (50), head of
finance/controlling and in charge of
the naval systems division on behalf
of British Aerospace, plus the former
board member Dipl.-Ing. Klaus Kunze
(61) have retired from the management
board.
Krämer’s successor is Dipl.-Kfm.
Ulrich Grillo (40), deputy member of
the Rheinmetall DeTec AG executive
board, who has now also taken on
the position as chairman of the management
board at STN Atlas Elektronik
GmbH.
Dipl.-Ing. Gert Winkler (55), executive
board member of Rheinmetall
DeTec AG, has combined his present
position with that of a member on
the management board of STN Atlas
Elektronik GmbH, where he has
assumed responsibility for Land and
Simulation Systems.
Dipl.-Wirtschaftsingenieur Hans-
Georg Morawitz (44), head of human
resources, communications and services
at STN Atlas Elektronik GmbH,
has joined the management board as
Dipl.-Math. Klaus Eberhardt (52), executive
board chairman of the operating
parent Rheinmetall Elektronik AG – the
future listed Aditron AG – since the
spring of 1997, has been appointed as
the new executive board chairman of
Rheinmetall AG as of 1 January 2000, a
position he will combine with his present
responsibility for the Electronics
sector. Brauner will accompany Eberhardt
on Rheinmetall’s Continuity and
Growth Strategy path to annual sales in
the region of 10 billion German marks
as supervisory board chairman.
the member responsible for human
resources and as the company’s director
of industrial relations.
John Young (50), until now a senior
executive at British Aerospace Navy
Systems, has been appointed management
board member responsible
for naval systems. He will be contributing
his longstanding international
experience in developing and building
complex naval systems, specifically
underwater.
Dipl.-Ing. Manfred Meyersieck (50),
head of naval systems, and Dipl.-Ing.
Uwe Duveneck (57), head of land systems,
have both been appointed
senior executive officers.
For the time being Ulrich Grillo will
be in charge of finance/controlling,
until British Aerospace selects a new
candidate for this position.
The new management board has
been requested to immediately submit
a new business plan for improving
profits. An unexpected loss was
anticipated for fiscal 1999. In 1997
and 1998, STN Atlas Elektronik had
generated satisfactory profits of 19.4
million euros and 16.9 million euros,
respectively. Order backlog is considered
good at 1.6 billion euros. Sales
in 1998 amounted to 817 million
euros. In 1999, the 3,200 employees
were expected to produce sales of
around 526 million euros (excluding
sales in the order of 412 million euros
of the spun-off Marine Electronics
now belonging to EMG EuroMarine
Electronics GmbH).
Krämer will continue to serve on
the Rheinmetall DeTec AG executive
board as its chairman.
2
Dipl.-Phys. Dr. rer. nat. Dieter Seipler
(53), divisional director at Robert
Bosch GmbH before joining Rheinmetall
in July 1998 and since then executive
board chairman of Kolbenschmidt
Pierburg AG and Pierburg AG, has as
head of the Automotive sector been
appointed deputy chairman of the
executive board of Rheinmetall AG. He
will also be responsible for centrally
coordinating the group’s research and
development activities.
Dr. rer. oec. Herbert Müller (46) who
has been responsible for central finance
since the start of 1996 and has so
far held the position of senior executive
officer reporting to Brauner, has been
appointed executive board member
for finance and controlling as of 1
January 2000.
Now that Rheinmetall has shrunk its
Jagenberg stake to a minority holding,
Dieter Niederste-Werbeck (60), hitherto
executive board chairman of Jagenberg
AG (Engineering sector) will in future
concentrate on his functions as
corporate director of industrial relations
besides heading human resources
and other corporate departments
(purchase, real estate and IT).
This reshuffling and strengthening of
management resources will assure
Rheinmetall’s continued growth. The
passing of responsibility from v. Salmuth
to Brauner and from Brauner to Eberhardt
is true to the group’s proven philosophy
of Continuity through Experience.
The supervisory board member Gerhard
Goll who retired from the board at
the end of 1999 has been replaced by
Professor Dr. Enno Vocke as the shareholder
representative appointed by the
district court of Berlin-Charlottenburg.
Newsline
Newsline is a summary of the most
important news articles published
in “Das Profil”, the company newspaper
of the Rheinmetall group
Publisher: Rheinmetall AG
P.O. Box 104261, D-40033 Düsseldorf
Responsible: Dr. Klaus Germann
Editor-in-chief: Rolf D.Schneider
Issue: January 2000