KUKA supervisory board members confirm confidence in head of supervisory board
KUKA Aktiengesellschaft's Supervisory Board held an extraordinary meeting on July 20, 2009
At the meeting, the Supervisory Board's chairman, Dr. Rolf Bartke, was given a unanimous and unrestricted vote of confidence by all members of the board.
KUKA Group will continue to be headed up by Dr. Horst J. Kayser, CEO, and Dr. Matthias J. Rapp, CFO. The Executive Board is focused on securing the automotive business and further expanding into the general industry business in the current difficult economic environment. Consequently implementation of the cost-cutting program already in progress aims to stabilize operating profits.
Furthermore, the executive board decided personnel matters within the Robotics division. The board agreed that the division will be headed up by Dr. Lothar Bakowsky as of September 1, 2009. The Executive Board thanks Mr. Manfred Gundel for successfully carrying out his duties as interim chairman of the Robotics Division. He will become the vice chairman of KUKA Roboter GmbH's executive management team as of September 1 (see also separate press release).