Chief Financial Officer Dominik Asam to move from Infineon to Airbus SE in April 2019

Nov 20, 2018 | Business & Financial Press

Munich, Germany, 21 November 2018 – Dominik Asam, Chief Financial Officer of Infineon Technologies AG, has notified the company’s Supervisory Board of his intent to move to Airbus SE as Chief Financial Officer as of 1 April 2019. The Supervisory Board has with extraordinary regret accepted Dominik Asam’s wishes; the search for a successor has begun.

“Today Infineon is in excellent financial condition. We thank Dominik Asam for his outstanding performance over the past years in a highly demanding and dynamic market environment. We wish him continued success in his new position,” says Dr. Eckart Sünner, Chairman of Infineon’s Supervisory Board.

“Dominik Asam has performed exceptionally for Infineon in the Management Board over the past years. His vision as well as his excellent understanding of financial markets and of the demands of our customers have made an essential contribution in the Management Board team to the continued successful development of our company,” says Dr. Reinhard Ploss, Chief Executive Officer of Infineon.

“Infineon is a unique company. I am proud to look back on a total of ten years in various positions during which I was able to contribute to making Infineon a strong, global player. As much as I look forward to my new assignment at Airbus, I will not leave Infineon without a certain sense of regret,” says Dominik Asam, Chief Financial Officer of Infineon.

Born in 1969, Dominik Asam was appointed to the Infineon Management Board in 2011 and since then has been responsible as CFO for Accounting & Reporting, Financial Controlling, Financial Planning, Investor Relations, Tax, Treasury, Audit, Compliance, Export Control, Risk Management, Business Continuity as well as Information Technology. His tenure included the purchase of the US company International Rectifier, the largest acquisition in the history of Infineon. During Dominik Asam’s term as CFO, Infineon also received for the first time an Investment Grade rating from Standard & Poor’s and has been listed without interruption in the Dow Jones Sustainability™ Europe Index, and in the Dow Jones Sustainability™ World Index for four years.

Dominik Asam is a graduate mechanical engineer and Ingénieur des Arts et Manufactures; he earned his MBA from INSEAD. Asam began his professional career in 1996 at the investment bank Goldman Sachs, where he worked in a variety of positions as a designated expert on the chip industry. He joined Infineon for the first time in 2003, where he began as Head of Investor Relations, Mergers & Acquisitions, Venture Capital, and then also took on responsibility for corporate strategy. Starting in 2005 he held a variety of positions at the Siemens Group and in 2010 became Head of Group Controlling at RWE AG before returning to Infineon in 2011.

About Infineon

Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon is the key to a better future. In the 2018 fiscal year (ending 30 September), the Company reported sales of €7.6 billion with about 40.100 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).

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