SiC Processing GmbH
SiC Processing GmbH: Changes in the executive management (Geschäftsführung) of SiC Processing GmbH
SiC Processing GmbH / Key word(s): Change of Personnel 23.11.2012 / 15:56 --------------------------------------------------------------------- Hirschau, November 23, 2012 - In light of the upcoming restructuring of the company, the two members of the management (Geschäftsführung) of SiC Processing GmbH, Mr. Thomas Heckmann and Dirk Müller, offered to the company's Advisory Board to resign from their position as managing directors (Geschäftsführer) with immediate effect. The Board has accepted this offer today. Both, the founder and co-owner, Thomas Heckmann, and Dirk Müller will continue working for the company and its ongoing operations. They will further support the restructuring as authorised signatories (Gesamtprokuristen) as much as possible. Their contracts were extended for this purpose until the end of 2015 and the beginning of the 2016, respectively. Following the proposal by the Chairman of the Advisory Board, Mr. Peter Thysell was appointed as the sole manager (alleiniger Geschäftsführer) and Chief Restructuring Officer (CRO) of SiC Processing GmbH with immediate effect. Until October 2012, Peter Thysell was the Chief Financial Officer (CFO) of a listed Swedish raw materials company. He also has extensive experience as CFO of various other companies in the telecommunications sector as well as from his previous position at a large consulting firm. Furthermore Peter Thysell has worked in the past on several successful corporate and financial restructurings. With the changes in the executive management of SiC Processing GmbH, Dr. Sönke Bästlein also resigned from his position as member and Chairman of the Advisory Board. Hans Eckerström is replacing Dr. Bästlein as member and Chairman of the Advisory Board. Like his predecessor, Hans Eckerström has been appointed to the advisory board by Cidron Silicon Two S.à r.l., the majority shareholder of SiC Processing GmbH. End of Corporate News --------------------------------------------------------------------- 23.11.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 194530 23.11.2012
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