The Board of Directors of Autoneum Holding Ltd. has appointed Matthias Holzammer, the former, long-term Head of Business Group Europe, as CEO with immediate effect. He is taking over from Martin Hirzel, who will be leaving the Company in agreement with the Board of Directors. Under the leadership of Matthias Holzammer, Business Group Europe contributed significantly to the Companys profitable growth as of 2012. Before joining Autoneum, he held senior operational roles at various automotive suppliers, including the position of Managing Director of Production from 2009 to 2011 at automotive supplier Keiper in Kaiserslautern, Germany, prior to the integration of Keiper into Johnson Controls in 2011.