Infineon Supervisory Board to stand for re-election at the Annual General Meeting 2015
Munich, December 19, 2014 – The current members on the capital side of the Supervisory Board of Infineon Technologies AG will be standing for re-election at the Annual General Meeting on February 12, 2015 in Munich. Wolfgang Mayrhuber, Chairman of the Supervisory Board, explains: "We want to continue the successful work of the current Supervisory Board team and will therefore once again be calling for the shareholders' trust."
The capital side of the Supervisory Board is currently represented by Wolfgang Mayrhuber (Chairman), Hans-Ulrich Holdenried, Prof. Dr. Renate Köcher, Dr. Manfred Puffer, Prof. Dr. rer. nat. Doris Schmitt-Landsiedel and Dr. Eckart Sünner.
Body to be extended
For the forthcoming election, the Supervisory Board will be extended from the current 12 to 16 members since Infineon Technologies AG and its German group companies have exceeded the threshold stipulated in the German Co-Determination Act (MitbestG) of a 10,000 employees combined. In addition to the existing Supervisory Board members, two additional candidates on the capital side will therefore stand for election by the Infineon shareholders: Peter Bauer, currently Chairman of the Supervisory Board of Osram Licht AG and, until 2012, CEO of Infineon, and Dr. Herbert Diess, longstanding Member of the Board of Management of BMW AG and designated Member of the Group Board of Management of Volkswagen AG.
"We are delighted that Peter Bauer, with his outstanding technical expertise, excellent knowledge of the industry and his experience as an entrepreneur, is standing for election to the Supervisory Board. We are equally delighted to have won over Herbert Diess, an extremely successful top manager with diverse experience, for the work on the Infineon Supervisory Board," says Wolfgang Mayrhuber.
Infineon Technologies AG offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2014 fiscal year (ending September 30), the company reported sales of Euro 4.3 billion with around 29,800 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).