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Nordex SE: CEO Dr. Zeschky to leave Nordex

2015-05-20 21:23:38
Nordex SE  / Key word(s): Change of Personnel

20.05.2015 21:23

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Adhoc bulletin

Nordex SE: CEO Dr. Zeschky to leave Nordex

  - Krogsgaard appointed new Chief Executive Officer

  - New management structure established

Rostock, 20 May 2015. Dr. Jürgen Zeschky, Chief Executive Officer of Nordex
SE, has informed the Supervisory Board of the company that he intends to
leave the company for personal reasons.

Dr. Jürgen Zeschky and the Supervisory Board of the company have agreed
today that Dr. Zeschky will resign from his position as a member of the
Management Board, effective 31 May 2015.

Together with his fellow Management Board members, Lars Bondo Krogsgaard
and Bernard Schäferbarthold, he has shaped and driven the company's strong
performance over the last years. During this period, Nordex has achieved
strong sales and order growth as well as a substantial increase in profit.

Dr. Wolfgang Ziebart, Chairman of the Supervisory Board, regrets Dr.
Zeschky's decision, thanks him for his great dedication and extraordinary
commitment and wishes him all the best both personally and professionally
for the future.

During the period of strong growth over the last years, the company has
made steady strategic enhancements to its organisational and management
structures. The purpose was to establish an effective and flexible set-up,
which reflects the positive business performance of Nordex. For this
reason, the company's organisational structures will be realigned from 1
June 2015.

The future activities of Nordex will be led by Lars Bondo Krogsgaard,
hitherto Chief Customer Officer, as Chief Executive Officer and Bernard
Schäferbarthold, who will continue his role as Chief Financial Officer in
the Management Board. Both Krogsgaard and Schäferbarthold have been
instrumental in Nordex's business success in recent years and have a long
track record in the wind power industry. Nordex is thus committed to
management continuity.

At the same time, an Executive Committee will be established, which will be
comprised of the two Management Board members as well as executives from
various core corporate functions. Chaired by Lars Bondo Krogsgaard, the
Executive Committee will be responsible for strategic matters as well as
specific project and operational tasks of overriding importance.

The new structure includes many elements which have proven their practical
value for Nordex over the last years, thus laying the foundations for
continued business growth.


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Language:     English
Company:      Nordex SE
              Erich-Schlesinger-Straße 50
              18059 Rostock
              Germany
Phone:        +49 381 6663 3300
Fax:          +49 381 6663 3339
E-mail:       info@nordex-online.com
Internet:     www.nordex-online.com
ISIN:         DE000A0D6554
WKN:          A0D655
Indices:      TecDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Munich, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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