DGAP-Adhoc: SKW Stahl-Metallurgie Holding AG: SKW Stahl-Metallurgie Holding AG appoints Kay Michel as new Chairperson of the Executive Board (CEO)

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| Source: EQS Group AG
SKW Stahl-Metallurgie Holding AG  / Key word(s): Change of Personnel

28.01.2014 14:09

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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SKW Stahl-Metallurgie Holding AG appoints Kay Michel as new Chairperson of
the Executive Board (CEO)
 
Unterneukirchen (Germany), January 28, 2014: In its meeting of today, the
Supervisory Board of SKW Stahl-Metallurgie Holding AG appointed Mr. Kay
Michel (57) as Chairperson of the Executive Board (CEO). Kay Michel will
take over the chairperson function effective April 1, 2014 from Ines
Kolmsee, who will leave the company at the end of March 2014 with the
expiration of her contract and after transferring the business affairs.

Kay Michel commands comprehensive experience in leadership positions of
national and international companies. As CEO of various companies, he has
lastly been responsible for the strategic development as well as concept
and implementation of programs to enhance efficiency and to restructure.
Moreover, Kay Michel served as Managing Director at the international
consulting firm Alvarez & Marsal from 2003 to 2007. Until the turn of the
millennium, he held leading positions at the ABB Group and as member of the
Executive Board of a globally positioned telecom company.

Titus Weinheimer, Chairperson of the Supervisory Board of SKW
Stahl-Metallurgie Holding AG, said: 'With Mr. Michel, we secured for SKW
Metallurgie a known expert for strategic realignment, who will further
enhance the internationalization of SKW Metallurgie. We thank Ms. Kolmsee
for her commitment for our company and wish her all the best for the
future.'


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Language:     English
Company:      SKW Stahl-Metallurgie Holding AG
              Rathausplatz 11
              84579 Unterneukirchen
              Germany
Phone:        +49 (0)8634 62720-15
Fax:          +49 (0)8634 62720-16
E-mail:       info@skw-steel.com
Internet:     www.skw-steel.com
ISIN:         DE000SKWM021
WKN:          SKWM02
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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