Wechsel in Der Geschäftsführung Bei Krauss-Maffei Wegmann

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Wechsel in Der Geschäftsführung Bei Krauss-Maffei Wegmann

PRESS RELEASE New Managing Director at KMW Asia Pacific Munich, Singapore, December 2016. – Christoph Cords is to be the new Managing Director of Krauss-Maffei Wegmann Asia Pacific (KMW Asia Pacific). As of 1 January 2017, he will be assuming the leadership of the KMW subsidiary in Singapore, being in charge of all sales and after-sales activities for the Asian/Pacific region. Christoph Cords joined KMW in 2007. At the request of Corporate Management in 2009 he took up a managerial position at ARTEC GmbH, a joint venture of KMW and Rheinmetall for the BOXER Project. In 2014, the 39-year-old industrial engineer returned to KMW to manage the spare parts logistics department. Christoph Cords Foto: KMW Press contact PRESS RELEASE Should you have any further questions, please contact: Dr. Kurt Braatz Vice President Strategy and Corporate Communications Krauss-Maffei Wegmann GmbH & Co. KG Krauss-Maffei-Str. 11 80997 Munich Germany Tel.: +49 89 8140 4675 Fax: +49 89 8140 4977 E-Mail: [email protected] www.kmweg.de Krauss-Maffei Wegmann GmbH & Co. KG leads the European market for highly protected wheeled and tracked vehicles. At locations in Germany, Brazil, Greece, Mexico, the Netherlands, Singapore, the United Kingdom, the USA and Turkey more than 4.000 employees develop, manufacture and support a product portfolio ranging from air-transportable, highly protected wheeled vehicles (MUNGO, AMPV*, DINGO, GFF4 and BOXER*) through reconnaissance, anti- aircraft and artillery systems (FENNEK, GEPARD, LeFlaSys*, Armoured Howitzer PzH2000, DONAR* and AGM) to main battle tanks (LEOPARD 1 and 2), infantry fighting vehicles (PUMA*) and bridgelaying systems. In addition, KMW has wide-ranging system competence in the area of civil and military simulation, as well as in command and information systems and remote-controlled weapon stations with reconnaissance and observation equipment. The armed forces of more than 50 nations worldwide rely on tactical systems by KMW. * Joint venture with national and international partners Unless otherwise indicated, all products are registered trademarks of Krauss-Maffei Wegmann GmbH & Co. KG .

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Completes a Decisive Step Towards Further Integration Amsterdam, 14Th
KNDS (Amsterdam/The Netherlands) completes a decisive step towards further integration Amsterdam, 14th December 2020 Five years after the merger of Krauss-Maffei Wegmann (Munich, Germany) and Nexter Systems (Versailles, France) under the joint holding KNDS, the Group’s governance is being restructured. With this new structure, the owners of the Franco- German manufacturer of military land systems – the French state holding company GIAT Industries and the German family-owned company Wegmann & Co GmbH – are continuing on the path they forged in 2015: advancing in defined milestones towards the creation of a leader in its field. The shareholders have decided to streamline the governance structure by establishing a single board of directors replacing the existing supervisory and management boards. After a first phase where the two subsidiaries got to know each other under the management of two co-CEOS and started building the company, it is time now to enter into the next phase of integration and development. The new structure will enable more efficient and coherent management of the KNDS companies and optimum leveraging of their potential and synergies. The future board of directors of KNDS will comprise ten members. Nine members will be external appointees without any direct operational responsibilities within KNDS. The tenth member will be the Chief Executive Officer (CEO) of KNDS. Unanimously, the shareholders have appointed Frank Haun to assume this role. Frank Haun has served as CEO of Krauss-Maffei Wegmann since 2003. He played a crucial role in designing and building KNDS in 2015 and has been instrumental in the success of the company since 2015 as Co-CEO.
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