HELLA’s management board newly arranged to set path for the future

Lippstadt, February 2, 2018. The HELLA GmbH & Co. KGaA management board is being newly arranged. In addition to staffing changes, the structure of the management board's tasks will change and its size be reduced. With this new composition the automotive supplier is setting the path for the future.

 

The shareholder committee of the HELLA GmbH & Co. KGaA voted to continue the collaboration with Dr. Rolf Breidenbach (54) as President and CEO for another five years. This will extend his CEO contract, originally running until January 31, 2019, until January 31, 2024. "Dr. Breidenbach has been a driving force in HELLA's development towards a globally positioned automotive supplier", said Manfred Wennemer, Chairman of the HELLA GmbH & Co. KGaA shareholder committee. "The shareholder committee is convinced that with Dr. Rolf Breidenbach at the top of the management board, HELLA is excellently prepared for seizing future opportunities and mastering any challenges on the way.”

 

In addition to his previous functions, Dr. Breidenbach will as of immediately assume the management of the Lighting business division and therefore manage the entire Automotive Segment. At the same time, Dr. Frank Huber (37) will become the deputy managing director of the Lighting business division and a member of the HELLA management board as of April 1, 2018. Since September 2014, the vehicle and engine technician has been active in various management positions of the Lighting business division. Markus Bannert, who has managed the division up to now, will leave the company at his own request.

 

In addition to setting the course regarding staffing, the task definition of the management board will also be redefined. One change involves integrating the Automotive Sales corporate function into the Lighting and Electronics business divisions. Integrating company responsibilities into those business divisions is going to create synergies with the Product Centers while further strengthening sales activity efficiencies. The management of the central sales activities, such as Marketing and Contract Management, will be assumed by Dr. Werner Benade (54), responsible for the Aftermarket & Special Applications business division at HELLA. The previous managing director of Automotive Sales, Dr. Matthias Schöllmann, will leave the company at his own request upon contract expiration at the end of March 2018.