Board/Management Information • Mar 14, 2007
Board/Management Information
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Ad-hoc | 14 March 2007 10:19
MTU Aero Engines Holding AG: Udo Stark will not extend his contract as CEO of MTU Aero Engines
MTU Aero Engines Holding AG / Change of Personnel
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Udo Stark, CEO of MTU Aero Engines Holding AG, will not extend his contract
beyond the planned expiry date of the end of 2007, for personal reasons.
Stark has declared his intention to the head of the company’s Supervisory
Board, Johannes P. Huth. Huth said: 'Udo Stark has shaped MTU in a decisive
phase and has led the company to an independent publicly listed company. He
has prepared MTU for he challenges of global competition and fully
completed his tasks. I respect his decision. The Supervisory Board will
decide upon a successor in the months to come.' Stark (age 59), who has
been CEO of MTU since 2005, said: 'On the occasion of my 60th birthday
later this year, I believe it is the right moment to finish my appointment
as CEO and to initiate a change in generation at MTU. With reduced time, I
will take on other mandates in the year 2008.'
Eckhard Zanger
Senior Vice President Corporate Communications and Investor Relations
Phone: ++ 49 89 14 89-91 13
Fax: ++ 49 89 14 89-21 72
Language: English
Issuer: MTU Aero Engines Holding AG
Dachauer Straße 665
80995 München Deutschland
Phone: +49 (0)89 14 89-8313
Fax: +49 (0)89 14 89-95062
E-mail: [email protected]
www: www.muc.mtu.de
ISIN: DE000A0D9PT0
WKN: A0D9PT
Indices: MDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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