At its meeting on June 15, 2015, UNIWHEELS AG made the decision to appoint Dr. Thomas Buchholz as an additional member and deputy chairman of the Executive Board as of August 10, 2015. As Chief Automotive Officer (CAO) Dr. Buchholz, aged 57, will take over the management of the Automotive Division. Other members of the Executive Board are Ralf Schmid (CEO and chairman) as well as Dr. Karsten Obenaus (CFO).

Dr. Buchholz has many years of international management experience in the automotive industry. In his last position, he served as Chairman of the Board at the automotive supplier SHW AG (Aalen). Previously, he led TI Automotive (Heidelberg) GmbH for many years as managing director and held various management positions at the MAHLE group for 17 years, including in Brazil.

Dr. Buchholz obtained his doctorate in Mechanical Engineering at the University of Karlsruhe and earned a Master's degree from Yale University. The Supervisory Board is delighted to have gained an experienced and expert Executive Board member for the company. The Supervisory Board is convinced that, with his many years of experience in the automotive supply business, he will promote the internationalization, further growth and increased profitability of UNIWHEELS AG.

In particular, Dr. Buchholz will be focusing on consistently expanding the various lightweight construction technologies for reducing the weight of high-quality aluminum wheels as well as increasing sales volumes for customers in the premium vehicles segment.