Knorr-Bremse Aktiengesellschaft aanounced that Bernd Eulitz resignation from Chairman of the Executive, in mutual agreement with effect from August 31, 2020 from the company. This was decided unanimously by the Supervisory Board in its meeting. The Supervisory Board has initiated the search for a successor. The Supervisory Board asked the remaining members of the Executive Board, Dr. Peter Laier, Frank Markus Weber and Dr. Jrgen Wilder, to take over the responsibilities of Mr. Eulitz for the transitional period.