Paragon AG is preparing its management structure for growth and the increasing internationalization of its business. Dr.-Ing. Stefan Schwehr (50) has been appointed to the Managing Board with effect from April 1, 2014.

Dr. Schwehr will take over responsibility for technology from the Chairman of the Managing Board, Klaus D. Frers. Going forward, Klaus Frers will focus on business strategy and business development, production, finance, and human resources. As chief technology officer, Stefan Schwehr will oversee development, sales and marketing, and customer management.

Dr. Schwehr joins paragon from Daimler AG, where he gained some 20 years of managerial experience while working on the preliminary development and development of electronic components. In his last role, he was responsible for the preliminary development of vehicle instrumentation and control systems. He had previously headed up various departments, including instrumentation and mechatronics, and is therefore familiar with many fields of fundamental importance to paragon.