SFC Energy AG: Supervisory Board of SFC Energy AG prolongs Management Board contract of CEO Dr. Peter Podesser
May 16, 2019 at 12:25 pm IST
Share
DGAP-News: SFC Energy AG / Key word(s): Personnel
SFC Energy AG: Supervisory Board of SFC Energy AG prolongs Management Board contract of CEO Dr. Peter Podesser
16.05.2019 / 08:51
The issuer is solely responsible for the content of this announcement.
SFC Energy AG - Corporate News
Supervisory Board of SFC Energy AG prolongs Management Board contract of CEO Dr. Peter Podesser
Brunnthal Brunnthal/Munich, May 16, 2019 - At its meeting on 15 May, the Supervisory Board of SFC Energy AG (ISIN:DE0007568578) agreed unanimously to extend the contract of CEO Dr. Peter Podesser. The contract, which is currently scheduled to expire on 31 March 2020, will now be extended by four years until 31 March 2024.
"There was strong enthusiasm amongst the Supervisory Board for continuing to work with Dr. Podesser and unanimous support for the extension of his Executive Board contract. Not only in the good times, but also in the hard times, Dr. Podesser has kept a clear eye on the important issues and has always demonstrated his leadership qualities. He has been outstanding in his entrepreneurial and strategic approach to working and has balanced risk and return with a high level of professionalism. He, and his team, have transformed SFC Energy from a technology start up to an industry leader and the World's first profitable supplier of fuel cells. With the extension of his Management Board contract we have laid the foundation for a continuation of this success story. We look forward to continuing our cooperation ". Said Tim van Delden, Chairman of the Advisory Board of SFC Energy AG.
About SFC Energy AG
SFC Energy AG (www.sfc.com) is a leading supplier of stationary and mobile hybrid power generation plants. With over 40,000 fuel cells sold to date, SFC Energy is a leading manufacturer of methanol fuel cells. The company sells its numerous multi-award-winning products to the oil and gas industry, for security and industrial applications and in consumer markets. The company has its headquarters in Brunnthal, close to Munich in Germany, and operates production facilities in the Netherlands, Romania and Canada. SFC Energy AG is listed in the Deutsche Boerse Prime Standard (German Securities Identification Number (WKN): 756857; ISIN: DE0007568578).
SFC Investor Relations
SFC Energy AG
Eugen-Saenger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-378
Email: ir@sfc.com
Web: www.sfc.com
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 125 09 03-33
Email: susan.hoffmeister@sfc.com
Web: www.crossalliance.de
16.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
SFC Energy AG
Eugen-Saenger-Ring 7
85649 Brunnthal
Germany
Phone:
+49 (89) 673 592 - 100
Fax:
+49 (89) 673 592 - 169
E-mail:
ir@sfc.com
Internet:
www.sfc.com
ISIN:
DE0007568578
WKN:
756857
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
SFC Energy AG (SFC) is a Germany-based company, operating in the fuel cell sector. It develops, produces and distributes fuel cell products based on direct methanol fuel cell (DMFC) technology. The companyâs activities are divided into three business segments. In the Consumer segment fuel cells are used to supply power to recreational vehicles, sailing yachts, vacation cottages and sailboats. The Industry segment provides applications in security and surveillance, traffic management, wind power, environmental technology and oil and gas sectors, as well as sells electronic components for integration into defense equipment, testing and metering systems. The Defense & Security segment covers defense and security applications for defense organizations and governments. SFCâs products portfolio encompasses the JENNY 600S, the vehicle-based EMILY 3000, the EMILY Cube 2500, the SFC Power Manager and network systems.