News 

The chairman of the Supervisory Board of Vossloh Aktiengesellschaft, Heinz Hermann Thiele, has informed the Management Board that he resigns from his positions as chairman and member of the Supervisory Board with effect as of the end of the Annual General Meeting on 24 May 2017.

The Management Board would like to thank Mr Thiele for his long-standing, highly successful work on the company's Supervisory Board, his entrepreneurial foresight and sustained support for the transformation of the Vossloh Group and in particular for the very good and at all times trustful cooperation. Heinz Hermann Thiele currently holds almost 45% of the shares in Vossloh Aktiengesellschaft and has been both member and chairman of the Supervisory Board since 2013. During his office as chairman of the Supervisory Board, Heinz Hermann Thiele and the Management Board comprehensively restructured, reoriented and prepared Vossloh for the imminent growth period.

Based on the recommendation of the Nomination Committee, the Supervisory Board will propose to the Annual General Meeting to appoint the former vice chairman of the Management Board of Deutsche Bahn AG, Dr Volker Kefer, as successor for the remaining term of Heinz Hermann Thiele’s office. It is envisaged that Dr Kefer is going to chair the Supervisory Board after his election.