Supervisory Board appoints Michael Finger as Spokesman of the Board of Management of technotrans SE effective August 1, 2020 / Dirk Engel remains with the Company as Chief Financial Officer / Hendirk Niestert leaves the Board of Management

The Supervisory Board has appointed Michael Finger as Spokesman of the Board of Management of technotrans SE effective August 1, 2020. Dirk Engel, who held this position on an interim basis from 2018 to 2020, is now focusing more strongly on his role as CFO. In addition, Board of Management member Hendirk Niestert has informed the Supervisory Board that he will not extend his mandate beyond the regular end of his term on January 31, 2021. With immediate effect, Michael Finger will take over responsibility for all sales units, service, quality management and marketing.

The Supervisory Board of technotrans SE has appointed Mr. Michael Finger as Spokesman of the Board of Management effective August 1, 2020. In his new function, he succeeds Dirk Engel, who held the position on an interim basis from 2018 to 2020. Mr. Engel remains with the Company as an experienced CFO and will focus more strongly on his role as CFO in the future.

Furthermore, Mr. Finger will simultaneously take over responsibility for all sales units, service, quality management and marketing. The reason for this is the resignation of Hendirk Niestert from the Board of Management. Mr. Niestert has informed the Supervisory Board that he will not extend his mandate on the Board of Management, which he has held since February 1, 2018, beyond January 31, 2021. He will pursue a new professional challenge outside technotrans in the future.

The Supervisory Board thanks Mr. Niestert for his many years of successful work for the Company over the past years and wishes him all the best. Mr. Niestert has held various management positions in the Company since 2007.

The Board of Management of technotrans SE thus now consists of three persons: Michael Finger (CEO), Dirk Engel (CFO) and Peter Hirsch (CTO/COO).

"I am looking forward to my new role. As a strong management team, we will continue to execute the strategic reorientation of technotrans SE. Especially under the influence of COVID-19, we are aware of the current and future challenges and will not lose sight of our growth targets.", says Michael Finger, Spokesman of the Board of Management.