PWO AG
DGAP-News: Progress-Werk Oberkirch AG
/ Key word(s): Personnel
- New CEO of PWO China takes up his duties today Oberkirch, May 25, 2021 - PWO welcomes Gary Guo as the new CEO of its Chinese subsidiary, PWO High-Tech Metal Components (Suzhou) Co., Ltd. He is assuming his duties today as the successor to Steven Liu, who successfully led the company through the corona pandemic and will seek other challenges outside of the Group. Gary Guo has extensive experience in the mobility industry. Over the past two decades, he has held a variety of management positions at Bosch and Continental, as well as at the US industrial group Enerpac Tool Group (formerly Actuant). He combines a deep understanding of the market and customer requirements in our industry with great enthusiasm for the opportunities and prospects of future mobility. We plan to expand our business in China over the next few years, making it a key driver of the PWO Group's growth. Gary Guo is the ideal leader to implement these goals. He will continue to strengthen the core competencies of our Chinese locations and expand their technological capabilities even more. Underlying our plans for high growth is the broad range of solutions already manufactured at our Chinese locations in Suzhou and Shenyang. With innovative lightweight solutions and the utmost in delivery reliability and quality over the entire life cycle of series production, we have earned a strong reputation in the market. This was proven to us once again in April by our customers and the numerous new contacts we made at Auto Shanghai, the leading trade show for the automotive industry in Asia.
Progress-Werk Oberkirch AG Company Profile PWO Under the slogan "People, Planet, Progress", we use our technological leadership at the boundaries of what is technologically feasible in metal forming and joining to serve our customers and business partners. Responsibility is at the heart of everything we do. We see our business as a "Force for Good", as our contribution to a positive development in the future for the benefit of our customers, employees and shareholders as well as for our environment. To this end, we are focusing on digitalizing all of our processes using the tools of the fourth industrial revolution. We address the three areas of the mobility of the future: electrification, safety and comfort. More than 90 percent of our revenues is independent of combustion engines. Around 3,000 employees at five production locations and three assembly sites on three continents ensure maximum delivery reliability and quality.
25.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Progress-Werk Oberkirch AG |
| Industriestraße 8 | |
| 77704 Oberkirch | |
| Germany | |
| Phone: | +49 (0)7802 84-844 |
| Fax: | +49 (0)7802 84-789 |
| E-mail: | ir@progress-werk.de |
| Internet: | www.progress-werk.de |
| ISIN: | DE0006968001 |
| WKN: | 696800 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange |
| EQS News ID: | 1200310 |
| End of News | DGAP News Service |
1200310 25.05.2021
