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IFX - Infineon Technologies AG News Story

€35.49 0.0  0.1%

Last Trade - 16/04/21

Sector
Technology
Size
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
Technologies.
    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)
 ((douglas.busvine@tr.com; +49 30 220 133 562;))
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