Personnel changes on the Supervisory Board of Vossloh AG
The Supervisory Board and the Executive Board of Vossloh AG have resolved in their meetings today to apply for a court appointment of Prof. Dr. Rüdiger Grube as new member of the Supervisory Board of Vossloh AG. Prof. Dr. Grube shall, following his appointment by the court, also take over the chairmanship of the Supervisory Board. Prof Dr. Grube was the Chairman of the Executive Board of Deutsche Bahn AG from 2009 to 2017 and will contribute substantially to the further development of the Vossloh Group with his comprehensive experience and expertise in the rail industry.
The application for court appointment of Prof. Dr. Grube occurs in the context of Dr. Bernhard Düttmann having resigned as member of the Supervisory Board of Vossloh AG with effect as of December 31, 2019 due to his commitments at CECONOMY AG. Both the Supervisory Board and the Executive Board express their gratitude to Dr. Düttmann for his commitment and the very good work on the Supervisory Board of Vossloh AG.
Mr. Ulrich M. Harnacke who took over the chairmanship of the Supervisory Board in 2019 will again chair the Audit Committee following the appointment of Prof. Dr. Grube. “With Prof. Dr. Grube we were able to win an outstanding expert in the railway industry for Vossloh and I am looking forward to the future cooperation”, explains Ulrich M. Harnacke.
Werdohl, January 6, 2020
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Vossloh is active in rail technology markets worldwide. The Company’s core business is rail infrastructure. The Group activities are organized into the three divisions of Core Components, Customized Modules and Lifecycle Solutions. In the 2018 fiscal year, Vossloh achieved sales of €865 million with approximately 3,800 employees.