New CFO appointed
At the same time, the Supervisory Board decided to reduce the Executive Board of Funkwerk AG by two members. Consequently, the contract of Lutz Pfister will also terminate at the end of August, who will continue, however, as head of the Automotive Communication segment.
Johann Schmid-Davis joined Funkwerk in 2003 and has since proven himself in various roles in business management. Most recently, he was responsible for the successful restructuring of the Enterprise Communication segment. On the Executive Board of Funkwerk AG, Schmid-Davis will now be in charge of Planning, Finance and Controlling and continue to manage the affairs of Enterprise Communication.