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IFX - Infineon Technologies AG News Story

€35.49 0.0  0.1%

Last Trade - 16/04/21

Large Cap
Market Cap £40.00bn
Enterprise Value £43.17bn
Revenue £8.04bn
Position in Universe 35th / 1048

Infineon names Hufenbecher to digital transformation role

Thu 25th February, 2021 8:31am
Feb 25 (Reuters) - German chipmaker Infineon  IFXGn.DE  said
on Thursday it had appointed Constanze Hufenbecher as chief
digital transformation officer, a newly-created a role that will
help integrate its $10 billion acquisition of U.S. Cypress
    The appointment of Hufenbecher, formerly chief financial
officer at Lufthansa Technik, expands the management board to
five members and comes just ahead of the Munich-based company's
annual general meeting.
    Infineon also said that the supervisory board would, at its
next meeting in May, extend the contract of Chief Financial
Officer Sven Schneider by a further five years. Schneider joined
Infineon in 2019 from industrial gases group Linde.

 (Reporting by Douglas Busvine
Editing by Riham Alkousaa)
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