Supervisory Board Extends the Management Contract of Arunjai Mittal
Neubiberg and Munich, Germany – February 13, 2014 – The Supervisory Board of Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has extended the contract of Management Board Member Arunjai Mittal. The term of the contract is five years; it thus ends on December 31, 2019. The extension of Mittal’s contract was unanimously approved during a meeting of the Supervisory Board at the end of the company’s Annual General Meeting. As with the extension of Dominik Asam’s contract last year, this shows that the Supervisory Board is keen to maintain the successful setup of the Board.
Arunjai Mittal was appointed as member of the Management Board of Infineon Technologies AG on January 1, 2012. In his current position, he is responsible for Regions, Sales, Marketing, Strategy Development and Mergers & Acquisitions. His current contract is expiring on December 31, 2014.
Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2013 fiscal year (ending September 30), the Company reported sales of Euro 3.84 billion with around 26,700 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).Further information is available at www.infineon.com
Arunjai Mittal, Member of the Management BoardArunjai_Mittal
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