euro adhoc: Sunways AG
Board of Directors (Appointments and Changes)
Sunways
AG: Change of CEO and reassignment of Management Board responsibilities
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
05.11.2008
Roland Burkhardt, CEO and founder of Sunways AG, Constance, (ISIN DE0007332207, ISIN DE000A0BNPN0) will hand over the position of CEO and the company's strategic and operational management to CFO Michael Wilhelm as of 1 January 2009. Wilhelm will be responsible for both the finance and strategy areas in the future. Roland Burkhardt will take charge of the technology and R&D division. The reassignment of Management Board responsibilities sponsored by Roland Burkhardt will not affect the ownership structure of Sunways AG.
Furthermore, the Supervisory Board appointed Mr. Jürgen Frei as Management Board member in charge of the newly created distribution and marketing division as of 17 November 2008. Together with the recently appointed COO, Mr. Jörg von Strom, the Management Board of Sunways AG will thus be composed of four members in the future.
This reassignment of responsibilities and expansion of the Management Board constitutes another important step for the implementation of the planned growth spurt of Sunways AG from 2009 onwards.
end of announcement euro adhoc
Further inquiry note:
Astrid Forst
Tel.: +49 (0)7531 99677 480
E-Mail: ir@sunways.de
Branche: Alternative energy
ISIN: DE0007332207
WKN: 733220
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
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