Dr. Stefan Traeger will be the new Chairman of the Executive Board of JENOPTIK AG. Dr. Stefan Traeger, at present member of the Management Board of the Swiss Tecan Group AG, will succeed Dr. Michael Mertin, who will not seek an extension of his Executive Board employment contract which expires on June 30, 2017. Dr. Stefan Traeger is expected to take up his post in the second quarter 2017, the exact date has yet to be fixed.