KUKA Aktiengesellschaft expands Executive Board - Changes at KUKA Group's management companies
In its November 16, 2009 meeting, KUKA Aktiengesellschaft's Supervisory Board appointed Dr. Walter Bickel as further member of the company's Executive Board effective November 17, 2009. Dr. Bickel, who was named Chief Operating Officer (COO), will focus on developing and executing the current cost-cutting program.
16 November 2009
Also on November 16, 2009, KUKA Aktiengesellschaft's Executive Board, resolved to cut the number of executive managers at each of the two management companies, KUKA Roboter GmbH and KUKA Systems GmbH, to two in order to improve the efficiency of the management structure.
Mr. Manfred Gundel will become CEO of KUKA Roboter GmbH effective November 16, 2009. Dr. Lothar Bakowsky (CEO) left the Executive Board of KUKA Roboter GmbH effective November 16, 2009. KUKA Roboter GmbH management team will then consist of Mr. Manfred Gundel as CEO and Mr. Peter Plagens, who is provisionally responsible for finance and controlling. Mr. Michael Albert will take over the position CFO for finance and controlling at KUKA Roboter GmbH from Mr. Plagens effective April 1, 2010.
Mr. Lawrence A. Drake was named CEO of KUKA Systems GmbH effective November 16, 2009. By mutual agreement, Dr. Stefan Söhn resigned from his position as CEO of KUKA Systems GmbH effective November 16, 2009. Dr. Söhn will remain associated with KUKA Systems GmbH in a consulting role. In addition, Dr. Karl-Heinz Körber, Mr. Alan Macdonald and Mr. Hans Moser were released from the Executive Board of KUKA Systems GmbH effective November 16, 2009, but will remain with the company in key positions. KUKA Systems GmbH management team will then consist of Mr. Lawrence A. Drake and Mr. Lutz Berneke (CFO) who is responsible for finance and controlling.
Augsburg, November 16, 2009
KUKA Aktiengesellschaft
The Executive Board