Sauer-Danfoss Inc.
Sauer-Danfoss Inc. english
SAUER-DANFOSS INC. APPOINTS KARL J. SCHMIDT AS NEW CHIEF FINANCIAL OFFICER
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SAUER-DANFOSS INC. APPOINTS KARL J. SCHMIDT AS NEW CHIEF FINANCIAL OFFICER
Neumünster, December 4, 2001. Sauer-Danfoss Inc., the specialist of mobile
hydraulics, enlarges its executive office: Karl J. Schmidt will take up his
position as Executive Vice President and Chief Financial Officer with effect
from January 1, 2002. Mr. Schmidt will be responsible for Finance, Investor
Relations, Administration and Information Technology functions. Sauer-Danfoss is
now headed by a six-person management team. They will continue pushing ahead
the projected growth of the company, which is listed on the SMAX and the NYSE.
Mr. Schmidt was formerly Executive Vice President and Chief Financial Officer at
Degussa-Hüls Corporation, a $2 billion international specialty chemicals
company headquartered in New Jersey, USA. Mr. Schmidt has a wide international
experience in finance. Furthermore Sauer-Danfoss takes benefit of his know-how
in mergers and acquisitions as well as international investor relations. Since
1978, he has served in a variety of financial positions, in both Germany and the
United States, with Degussa AG, which is listed on the DAX.
For further information please contact:
Sauer-Danfoss Inc., Investor Relations
Krokamp 35, D-24539 Neumünster,
John N. Langrick, Director of Finance Europe, Phone: +49-4321-871-190,
Fax: +49-4321-871-121, jlangrick@sauer-danfoss.com
Andrea Wittmann, Manager Communications, Phone: +49-4321-871-212,
Fax: +49-4321-990-316, awittmann@sauer-danfoss.com
Internet: http://www.sauer-danfoss.com
end of ad-hoc-announcement (c)DGAP 04.12.2001
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WKN: 880208; ISIN: US8041371076; Index:
Listed: Amtlicher Handel in Frankfurt (SMAX); Freiverkehr in Berlin, Düsseldorf,
Hamburg, München, Stuttgart
050011 Dez 01
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