Brief: Progress-Werk Oberkirch CEO Volker Simon To Step Down
26/08/2020 06:52
Aug 26 (Reuters) - PROGRESS WERK OBERKIRCH AG PWOG.DE :
* SAID ON TUESDAY CHANGES IN THE MANAGEMENT BOARD OF PWO
* CEO OF PWO VOLKER SIMON NO LONGER INTENDS TO RENEW HIS
CONTRACT
AT THE END OF JUNE 2022 FOR PERSONAL REASONS
* SUPERVISORY BOARD HAS ACKNOWLEDGED THIS INTENTION, IT WAS
MUTUALLY AGREED TO TERMINATE DR. SIMON'S MANAGEMENT BOARD
EMPLOYMENT CONTRACT EFFECTIVE SEPTEMBER 4, 2020
* DR. SIMON WILL BE SUCCEEDED BY CARLO LAZZARINI, WHO WAS
APPOINTED TO THE MANAGEMENT BOARD AS OF SEPTEMBER 1, 2020
* CARLO LAZZARINI WILL ASSUME THE ROLE OF CEO RESPONSIBLE
FOR THE
MARKET AND TECHNOLOGY AREA AS OF SEPTEMBER 5, 2020
Source text for Eikon: urn:newsml:reuters.com:*:nEQ6bJ0lLa
Further company coverage: PWOG.DE
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