DGAP-News: Grammer AG: Grammer AG Supervisory Board appoints Volker Walprecht as new CFO


DGAP-News: Grammer AG / Key word(s): Change of Personnel
Grammer AG: Grammer AG Supervisory Board appoints Volker Walprecht as
new CFO

24.07.2012 / 09:12

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Grammer AG Supervisory Board appoints Volker Walprecht as new CFO

Amberg, July 24, 2012 - The Supervisory Board of SDAX-listed Grammer AG has
appointed Mr. Volker Walprecht (Diplom-Kaufmann) as a new member of the
Executive Board and Chief Financial Officer of the company. Effective
October 01, 2012, Walprecht (49) will take office as the successor to Alois
Ponnath. Together with CEO, Hartmut Müller, and Manfred Pretscher, this
will bring the number of members serving on the Executive Board back to
three.

Volker Walprecht holds a degree in business administration from the
University Gesamthochschule Essen. He brings with him many years of
international management experience, particularly in the areas of finance,
controlling and M&A in the automotive and commercial vehicles industry, as
well as the energy sector. His career history includes time spent with
former automotive supplier Mannesmann VDO or Siemens VDO/Continental. His
most recent post was as CFO of the division Oil & Gas at Siemens AG.

'With the appointment of Volker Walprecht as new CFO, Grammer has gained a
proven financial expert and an insider of the automotive industry. His
long-standing experience will serve as a driving force for the company,'
says Dr. Klaus Probst, Chairman of the Grammer AG Supervisory Board.

Company Profile
GRAMMER AG, Amberg, Germany, is specialized in the development and
production of components and systems for automotive interiors as well as
driver and passenger seats for offroad vehicles (tractors, construction
machinery, forklifts), trucks, buses and trains. In the Automotive
division, we supply headrests, armrests, and center console systems to
premium automakers and automotive system suppliers.

GRAMMER is represented in 18 countries worldwide with a workforce of
approx. 9,000 employees across its 24 fully consolidated subsidiaries.

GRAMMER shares are listed in the SDAX segment of the German Stock Exchange,
and are traded on the Munich and Frankfurt stock exchanges, via the Xetra
electronic trading platform and on the OTC markets of the Stuttgart, Berlin
and Hamburg stock exchanges.





Contact:
GRAMMER AG
Ralf Hoppe
Phone: 0049 9621 66 2200
investor-relations@grammer.com


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Language:    English                                                    
Company:     Grammer AG                                                 
             Postfach 14 54                                             
             92204 Amberg                                               
             Germany                                                    
Phone:       +49 (0)9621 66-0                                           
Fax:         +49 (0)9621 66-1000                                        
E-mail:      investor-relations@grammer.com                             
Internet:    www.grammer.com                                            
ISIN:        DE0005895403, DE0005895403                                 
WKN:         589540, 589540                                             
Indices:     SDAX                                                       
Listed:      Regulierter Markt in Frankfurt (Prime Standard), München;  
             Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart      
 
 
End of News    DGAP News-Service  
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