Kongsberg Automotive

Kongsberg Automotive appoints Frank Heffter as new CFO

Zurich, June 25, 2021-Kongsberg Automotive continues to strengthen the

leadership team with Frank Heffter joining the company on July 1, 2021. Frank

will formally take over as Chief Financial Officer from Norbert Loers effective,

July 29, 2021.

Frank joins Kongsberg Automotive from OC Oerlikon Corporation, where he was the

Head of Group Controlling responsible for financial planning & analysis, and

risk management. He brings over two decades of experience in creating value in

multinational corporations with wide-ranging, innovation-driven business models

and end markets-energy, automotive, aerospace, mechanical engineering, and the

healthcare industry, to name a few.

Frank has served in diverse portfolios during his professional career, including

Siemens and McKesson Europe (formerly Celesio), working in Germany, Hungary,

Switzerland, and the United States. Frank holds a master's degree in Industrial

Engineering and Management from the Technical University of Berlin.

"As we work on shaping Kongsberg Automotive's future towards becoming an even

stronger and more attractive competitor in the global automotive market, Frank

is the right addition to the team. He brings broad international experience,

great team spirit, and an extraordinary excitement for innovative technology,"

says Joerg Buchheim, President & CEO of Kongsberg Automotive.

"I am excited to become a part of Kongsberg Automotive's proud history and the

company's vision," says Frank Heffter. "The pace of development here at

Kongsberg Automotive is invigorating, and I look forward to collaborating with

the international team and various stakeholder groups to contribute to the

company's exceptional values and future profitable growth."

Media contact

Therese Sjoborg Skurdal

phone: +47 982 14 059

About Kongsberg Automotive ASA

Kongsberg Automotive provides world class products to the global vehicle

industry. Our products enhance the driving experience, making it safer, more

comfortable and sustainable. With approximately 11,000 employees in 19

countries, Kongsberg Automotive is truly a global supplier. The company has more

than 27 production facilities worldwide. The product portfolio includes seat

comfort systems, driver and motion control systems, fluid assemblies, and

industrial driver interface products developed for global vehicle manufacturers.

Find more information at www.kongsbergautomotive.com.

AI Terminal