On January 14, 2015, the Board of Directors of Autoneum Holding Ltd. appointed John T. Lenga as Head of Business Group North America and member of the Group Executive Board. John T. Lenga, who has been responsible as Chief Financial Officer (CFO) of Business Group North America since 2007, will take over the management of the Business Group from Richard Derr on March 1, 2015. Richard Derr, who has headed Business Group North America since the going public of Autoneum in May 2011, is to retire at the end of February 2015.