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14.01.2019

Premature contract renewal for Management Board members Kurt Bengel and Matthias Schmidt

Stuttgart, January 14, 2019 - The Supervisory Board of CENIT AG has decided to extend the contracts of the two members of the Management Board, Kurt Bengel and Matthias Schmidt, prematurely.

The contract of Kurt Bengel was extended until 31.12.2021. Matthias Schmidt's contract was extended until December 31, 2020.

Kurt Bengel, Spokesman of the Management Board, has been employed at CENIT since 1988 and was appointed to the Management Board on January 1, 2007. He is responsible for the worldwide operational business as well as for marketing and investor relations.

Matthias Schmidt has been a member of the Management Board of CENIT since February 1, 2013. He is responsible for finance/controlling and human resources.