WashTec AG: Temporary appointment of the chairman of the Supervisory Board Dr. Günter Blaschke as chairman of the Management Board and assumption of the chairmanship of the Management Board as of 1 January 2020 by the member of the Management Board Dr. Ralf Koeppe
July 11, 2019 at 10:20 am EDT
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DGAP-Ad-hoc: WashTec AG / Key word(s): Personnel
WashTec AG: Temporary appointment of the chairman of the Supervisory Board Dr. Günter Blaschke as chairman of the Management Board and assumption of the chairmanship of the Management Board as of 1 January 2020 by the member of the Management Board Dr. Ralf Koeppe
11-Jul-2019 / 16:13 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Augsburg, July 11, 2019: The Supervisory Board has resolved on July 11, 2019, the expansion of the company's Management Board and established the position of chairman or spokesman of the Management Board (CEO). Dr. Günter Blaschke, member and chairman of the Supervisory Board of WashTec AG, was appointed for the period from 15 July 2019 to 31 December 2019 in accordance with Section 105 (2) of the German Stock Corporation Act (AktG) as a member and chairman of the Management Board. The focus of his activities will be the implementation of the previously announced performance program.
In addition, the Supervisory Board has decided to appoint Dr. Ralf Koeppe, member of the Management Board, as chairman of the Management Board effective as of January 1, 2020. Dr. Koeppe is Chief Technical Officer (CTO) since 1 July 2019 and will continue to hold this position in the future. During the transition phase, he will focus on the company's technological leadership.
Ulrich Bellgardt has been elected as the new chairman of the Supervisory Board for the term of Dr. Blaschke's appointment as CEO, with Dr. Alexander Selent as his deputy.
11-Jul-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
WashTec AG
Argonstraße 7
86153 Augsburg
Germany
Phone:
+49 (0)821 55 84-0
Fax:
+49 (0)821 55 84-1135
E-mail:
washtec@washtec.de
Internet:
www.washtec.de
ISIN:
DE0007507501
WKN:
750750
Indices:
SDAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
WashTec AG is a Germany-based company engaged in the provision of vehicle washing solutions. The Company and its subsidiaries focus on developing, manufacturing, selling and servicing car wash products. The Company operates through three geographical segments: Core Europe, North America, and Asia/Pacific. Its product portfolio comprises, among others, roll-over wash equipment, self-service wash equipment, commercial car wash equipment, wash tunnels,water reclaim systems and the spare parts. It also provides repair and maintenance services, including full service and call-out services, markets related products, such as detergents and care products, and provides sales financing services. The Company distributes its products in approximately 70 countries. WashTec AG is the parent company of the WashTech Group.
WashTec AG: Temporary appointment of the chairman of the Supervisory Board Dr. Günter Blaschke as chairman of the Management Board and assumption of the chairmanship of the Management Board as of 1 January 2020 by the member of the Management Board Dr. Ralf Koeppe
WASHTEC AG 
