The CEO of Wacker Neuson SE, Mr. Cem Peksaglam (49), has informed the Supervisory Board that, following the successful realignment of the Group's strategy, he does not intend to renew his contract as he has decided to pursue new endeavors. Mr. Peksaglam's six-year contract will expire in August 2017. The company will announce Mr. Peksaglam's successor in due course.