By Andrea Figueras


Infineon Technologies said it has prolonged the contract of management board members Rutger Wijburg and Andreas Urschitz.

Rutger Wijburg, chief operations officer, will remain in the position until March 31, 2026, the German chip maker said Tuesday.

"The supervisory board particularly respects the personal decision by Rutger Wijburg to extend his contract only until March 2026," Chairman of the Supervisory Board Herbert Diess said.

The contract of Chief Marketing Officer Andreas Urschitz will be renewed for five years, until May 31, 2030.

The contracts of both Wijburg and Urschitz--who have been members of the management board since 2022--would have expired in 2025, the company said.


Write to Andrea Figueras at andrea.figueras@wsj.com


(END) Dow Jones Newswires

05-14-24 1234ET