Knorr-Bremse Aktiengesellschaft: ???????The Supervisory Board of Knorr-Bremse AG proposes to the Annual General Meeting for election Dr. Nicolas Peter as member of the Supervisory Board
December 18, 2020 at 03:05 am EST
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Knorr-Bremse Aktiengesellschaft: ???????The Supervisory Board of Knorr-Bremse AG proposes to the Annual General Meeting for election Dr. Nicolas Peter as member of the Supervisory Board
18.12.2020 / 09:04
The issuer is solely responsible for the content of this announcement.
The Supervisory Board of Knorr-Bremse AG proposes to the Annual General Meeting for election Dr. Nicolas Peter as member of the Supervisory Board
Munich, December 18, 2020 - The Supervisory Board of Knorr-Bremse AG decided to propose to the Annual Shareholders' Meeting in May 2021 Dr. Nicolas Peter (58) for election to the Supervisory Board.
As a member of the Board of Management of BMW AG, Dr. Peter is responsible for Finance. He holds a doctorate in law and has around 30 years of experience in finance, controlling, treasury and sales in the BMW Group. He has also held several management positions for BMW abroad.
The Supervisory Board is looking forward to a close and successful cooperation.
About Knorr-Bremse
Knorr-Bremse (ISIN: DE000KBX1006, ticker symbol: KBX) is the global market leader for braking systems and a leading supplier of other safety-critical rail and commercial vehicle systems. Knorr-Bremse's products make a decisive contribution to greater safety and energy efficiency on rail tracks and roads around the world. About 29,000 employees at over 100 sites in more than 30 countries use their competence and motivation to satisfy customers worldwide with products and services. In 2019, Knorr-Bremse's two divisions together generated revenues of EUR 6.9 billion. For more than 115 years the company has been the industry innovator, driving innovation in mobility and transportation technologies with an edge in connected system solutions. Knorr-Bremse is one of Germany's most successful industrial companies and profits from the key global megatrends: Urbanization, sustainability, digitalization and automated driving.
Contact Media Relations:
Alexandra Bufe, Phone +49 89 3547-1402, alexandra.bufe@knorr-bremse.com
18.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Knorr Bremse AG is a Germany-based company that manufactures braking systems and other subsystems for rail and commercial vehicles. It operates through two segments: Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment equips mass transit vehicles, such as metro cars, and mainline freight and passenger trains with brake systems, as well as entrance systems, heating, ventilation and air conditioning (HVAC) systems, auxiliary power supply, driver assistance systems, electrical traction equipment and control technology, among others. The Commercial Vehicle Systems segment offers products for trucks, buses, trailers and agricultural machinery. The product portfolio includes brake systems and vehicle dynamics solutions, such as driver assistance, energy supply and distribution systems, such as air compressors, and fuel efficiency products and transmission subsystems, such as vibration dampers, among others. The Company also offers aftermarket services.
Knorr-Bremse Aktiengesellschaft: ???????The Supervisory Board of Knorr-Bremse AG proposes to the Annual General Meeting for election Dr. Nicolas Peter as member of the Supervisory Board