PRESS RELEASE

from Leoni AG (isin : DE0005408884)

EQS-Adhoc: Supervisory Board appoints Hans-Joachim Ziems to the Executive Board of Leoni AG as Chief Restructuring Officer

EQS-Ad-hoc: Leoni AG / Key word(s): Personnel
Supervisory Board appoints Hans-Joachim Ziems to the Executive Board of Leoni AG as Chief Restructuring Officer

09-Jan-2023 / 13:43 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Supervisory Board appoints Hans-Joachim Ziems to the Executive Board of Leoni AG as Chief Restructuring Officer

Nuremberg, 9 January 2023 –The Supervisory Board of Leoni AG (ISIN: DE0005408884 / WKN: 540888) today resolved to appoint Hans-Joachim Ziems as Chief Restructuring Officer (CRO) to the Executive Board with effect from 10 January 2023.

Since the buyer surprisingly refused to close the sale of the Business Group Automotive Cable Solutions (BG AM), Hans-Joachim Ziems is to be responsible for the necessary adjustment of the refinancing plan and its implementation.

Mr Ziems was already a member of the Executive Board of Leoni AG in the CRO function from April 2020 to March 2021.

 

Contact for journalists

LEONI AG
Gregor le Claire
Corporate Press Officer
Phone:  +49 911 2023-226
E-mail:  gregor.leclaire@leoni.com


Contact for investors

LEONI AG
Rolf Becker
Senior Manager Investor Relations
Phone:  +49 911 2023-134
E-mail:  rolf.becker@leoni.com

 


09-Jan-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language:English
Company:Leoni AG
Marienstraße 7
90402 Nuremberg
Germany
Phone:+49 (0)911 20 23-234
Fax:+49 (0)911 20 23-382
E-mail:veroeffentlichung@leoni.com
Internet:www.leoni.com
ISIN:DE0005408884
WKN:540888
Listed:Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; Madrid
EQS News ID:1530507

 
End of AnnouncementEQS News Service

1530507  09-Jan-2023 CET/CEST

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