SCHNEIDER Technologie AG
Ad hoc-Service: Schneider Technologies english
Ad-hoc announcement precessed and sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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With effect of 1.4.2001 Dr. Richard Neurath (47) – formerly a Managing Director
of Sony Deutschland GmbH – will be appointed to the board of SCHNEIDER
Technologies AG and SCHNEIDER Electronics AG. He will assume responsibility for
Production, Sourcing, Logistics and Service as successor to Mr. Herbert
Leinauer, who will retire on 30.06.2001 – a step he postponed several times at
the request of the company. Mr Leinauer will continue serving SCHNEIDER in an
advisory function. SCHNEIDER is currently creating the prerequisites for the
successful market launch of the consumer laser as of the year 2003/2004.
– The SCHNEIDER laser display technology will be established in important
strategic segments of the professional market.
– Together with its partners, SCHNEIDER will forcefully develop the consumer
laser.
– In consumer electronics, the line of business will be repositioned as a
marketing and production platform for the consumer laser.
Dr. Neurath is taking up the succession of Mr. Leinauer at a time when the
first phase of the company restructuring programme has been completed on
schedule – involving an increase in sales versus 1999 of around 50% to approx.
430 million DM. The second phase, which will complete the transformation, is
characterised by a new and more sophisticated product range and reputation for
high-quality in preparation of the market launch of the consumer laser.
Dr. Neurath brings with him a varied and international experience in the
consumer electronics field and is a recognised expert on the optimisation of
business processes. He last held the post of Chief Operating Officer at
DigitalMarkets Ltd. in London. Prior to this he spent seven years as a fine
manager with Sony, among other assignments as a Managing Director of Sony
Deutschland GmbH and as Director of Logistics Operations with Sony Europe. Dr.
Neurath joined Sony after a seven year consulting career with McKinsey in
Germany and Brazil.
end of Ad hoc-announcement, (c) DGAP 02.02.2001
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WKN:719340 ; Index:
Listed:Amtlicher Handel in Frankfurt, München; Freiverkehr in Berlin Düsseldorf,
Hamburg, Stuttgart
020851 Feb 01
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