DGAP-Adhoc

Wacker Neuson SE: ​​​​​​​Changes to the Executive Board

DGAP-Ad-hoc: Wacker Neuson SE / Key word(s): Personnel Wacker Neuson SE: ​​​​​​​Changes to the Executive Board 18-Nov-2020 / 22:39 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Changes to the Executive Board

Munich, November 18, 2020 - Martin Lehner, Chairman of the Executive Board, CEO and CTO of Wacker Neuson SE has today informed the Supervisory Board, that he will not be available for an extension of his contract with the company for personal reasons. By fully amicable and mutual consent, Mr. Lehner will leave the Executive Board on December 31, 2020. However, he will continue to serve the Group in an advisory capacity until March 2021. Mr. Lehner has been a member of the Executive Board since 2007 and Chairman of the Executive Board since 2017. The Supervisory Board regrets his decision and thanks Mr. Lehner for his unwavering commitment and many years of successful work on the Executive Board.

Furthermore, the Supervisory Board of Wacker Neuson SE and Wilfried Trepels, CFO, have today reached a mutual agreement that Mr. Trepels will step down from his position ahead of schedule. This decision was made after Mr. Trepels informed the Supervisory Board that he would not be available for an extension of his contract as CFO due to differences in opinion over the corporate management. Mr. Trepels will resign from his position as Executive Board member effective November 30, 2020. The Supervisory Board thanks Mr. Trepels for his successful work.

As of December 1, 2020, Mag. Kurt Helletzgruber, Chairman of the Audit Committee, has been seconded from the Supervisory Board to the Executive Board until June 30, 2021, in accordance with Section 105 (2) AktG and will take on the executive responsibilities of the position of CFO on an interim basis. Prof. Dr. Matthias Schüppen will take over as Chairman of the Audit Committee.

As of January 1, 2021, Mag. Helletzgruber will temporarily assume the executive responsibilities of the position of CEO and take on the position of Chairman of the Executive Board.

Your contact:

Wacker Neuson SE
Christopher Helmreich
Head of Investor Relations
Preussenstrasse 41
80809 Munich, Germany
Tel. [phone]
[e-mail]
www.wackerneusongroup.com

 

---

18-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---

Language:	English
Company:	Wacker Neuson SE
	Preußenstr. 41
	80809 München
	Germany
Phone:	+49 - (0)89 - 354 02 - 0
Fax:	[phone] - 298
E-mail:	[e-mail]
Internet:	www.wackerneusongroup.com
ISIN:	DE000WACK012
WKN:	WACK01
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1149264

End of Announcement	DGAP News Service

1149264  18-Nov-2020 CET/CEST