AKASOL AG has appointed Jörg Reinhardt as a member of the Management Board effective October 1, 2021. He succeeds Carsten Bovenschen, who is stepping down from the Board at his own request as of September 30, 2021. In his role, Jörg Reinhardt will be responsible for the areas of Finance, Human Resources, Investor Relations, Legal and General Administration. He had previously been with the BorgWarner Inc., the US headquartered automotive supplier, for over 18 years, until 2019 as Finance Director at the Kirchheimbolanden, Germany plant. Reinhardt was also responsible for the finance department of the Turbo Systems business in Europe and South America.Carsten Bovenschen will resign from the Management Board of AKASOL AG at his own request already as of September 30, 2021, to take on new professional challenges. He has been a member of the Management Board of AKASOL AG since the beginning of 2019 and has played a key role in shaping the company over the past few years.