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Stabilus SE
Board/Management Information • Feb 21, 2025
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Board/Management Information
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Corporate | 21 February 2025 18:05
Stabilus SE: CFO Stefan Bauerreis to leave Stabilus at own request
Stabilus SE / Key word(s): Personnel
Stabilus SE: CFO Stefan Bauerreis to leave Stabilus at own request
21.02.2025 / 18:05 CET/CEST
The issuer is solely responsible for the content of this announcement.
CORPORATE NEWS
Stabilus SE: CFO Stefan Bauerreis to leave Stabilus at own request
Koblenz, February 21, 2025 – The CFO of Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8), Stefan Bauerreis, has requested the Supervisory Board to approve the early termination of his contract for personal reasons. The Supervisory Board has complied with this request, and Stefan Bauerreis will leave the company at the end of the month. CEO Dr. Michael Büchsner will assume his responsibilities on an interim basis. A structured search process has been initiated to fill the position of Chief Financial Officer. Until a permanent CFO is appointed, the Management Board will be supported on an interim basis by Dr. Wend v. Wietersheim, an experienced financial manager.
Dr. v. Wietersheim began his professional career in 1993 at the Mannesmann Group. He subsequently held various management positions at international companies, mainly in the fields of mechanical and plant engineering and in the automotive industry. In his previous positions, he acted as Chief Financial Officer and was responsible for IT, HR, Legal, the operational supply chain management and post-merger integration. Dr. v. Wietersheim has been working as interim managing director and board member for nearly 15 years and has been active in these functions at various companies in Germany and abroad as Chief Financial Officer, Chief Transformation Officer and Chief Operating Officer.
Dr. Stephan Kessel, Chairman of the Supervisory Board of Stabilus SE, said: “We would like to thank Stefan Bauerreis for his dedication over the past few years and wish him all the best for the future. I am very pleased that we have succeeded in recruiting Dr. Wend v. Wietersheim, who will seamlessly take over the operational tasks of Mr. Bauerreis on an interim basis.”
Investor contact:
Andreas Schröder
Tel.: +49 261 8900 8198
E-Mail: [email protected]
Web: ir.stabilus.com
Press contact:
Peter Steiner
Tel.: +49 69 794090 27
E-Mail: [email protected]
Charles Barker Corporate Communications
About Stabilus
Stabilus is one of the world’s leading providers of motion control solutions for a wide range of industries including mobility, industrial machinery, automation, energy, construction, health, recreation, and furniture. Stabilus offers reliable and innovative solutions that enable, enhance and automate precise movement, positioning, opening, closing, lifting, lowering and adjusting actions. The Group, which has its headquarters in Koblenz, has a global production and distribution network with eight thousand employees worldwide and generated revenues of €1.3 billion in the 2024 fiscal year. Stabilus SE is listed in the Prime Standard segment of the Frankfurt Stock Exchange and is included in the SDAX index. For more information, see group.stabilus.com and ir.stabilus.com .
Important Notice
This press release may contain forward-looking statements based on current assumptions and forecasts made by Stabilus Group management and other information currently available to Stabilus. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here.
21.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Stabilus SE |
| Wallersheimer Weg 100 | |
| 56070 Koblenz | |
| Germany | |
| Phone: | +49 261 8900 0 |
| E-mail: | [email protected] |
| Internet: | group.stabilus.com |
| ISIN: | DE000STAB1L8 |
| WKN: | STAB1L |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2089905 |
| End of News | EQS News Service |
2089905 21.02.2025 CET/CEST