Dr. Michael Mertin is elected Chairman of the JENOPTIK AG Executive Board for a further five years
Chief Financial Officer Frank Einhellinger will not be extending his contract with JENOPTIK AG beyond June 2012
Frank Einhellinger, Chief Financial Officer of JENOPTIK AG since July 2007, has decided not to extend his contract on the Executive Board. After fifteen successful years at Jenoptik the 43 year-old now wants to devote himself to new tasks. He will fulfill his contract which runs up to June 2012 and then continue to make himself available to the company in an advisory capacity. Executive Board and Supervisory Board would like to express their thanks to Mr. Einhellinger for notifying them well in advance, ensuring an orderly and smooth transfer of the duties to a new Chief Financial Officer of JENOPTIK AG. Frank Einhellinger joined Jenoptik from Porsche AG in 1996 and attended the development of the optoelectronics group through numerous stages.
Company and Supervisory Board acknowledge the decision of Frank Einhellinger with regret.
Since 2007 Dr. Michael Mertin and Frank Einhellinger have worked together in shaping the company's fundamental strategic realignment. This included amongst other things a new, market-driven organizational and management structure as well as the Jenoptik Excellence Program and was the basis for the increase in the earnings capacity. During the course of this the market presence and cost structures have been significantly improved. The net debt has also been more than halved thanks, amongst other things, to the increase in the cash flow. For 2011 Jenoptik is aiming to achieve record operating profits.
As an integrated optoelectronics group, Jenoptik operates in five divisions: Lasers & Material Processing, Optical Systems, Industrial Metrology, Traffic Solutions and Defense & Civil Systems. Its customers around the world primarily include companies in the semiconductor and semiconductor equipment industries, the automotive and automotive supplier industries, the medical technology, security and defense technology industries as well as the aviation industry.
Weitere Pressemitteilungen dieses Herausgebers
- 21.05.2013 - Jenoptik's subsidiary ESW receives Boeing Performance Excellence Award for the third time in a row
- 21.05.2013 - Jenoptik Tochter ESW GmbH erhält Boeing Performance Excellence Award zum dritten Mal in Folge
- 16.05.2013 - Jenoptik supports the TMBLV "Smiling saves lives" initiative to improve road safety