SMT Scharf AG: Changes to SMT Scharf AG’s Managing Board
August 07, 2023 at 06:36 am EDT
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EQS-Ad-hoc: SMT Scharf AG / Key word(s): Personnel
SMT Scharf AG: Changes to SMT Scharf AG’s Managing Board
07-Aug-2023 / 12:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
SMT Scharf AG: Changes to SMT Scharf AG’s Managing Board
Hamm, 07 August 2023 – SMT Scharf AG (WKN: A3DRAE; ISIN: DE000A3DRAE2) hereby gives notice that Mr. Hans Joachim Theiß has informed the Supervisory Board that he will not be extending his contract, which ends on December 31, 2023, and will be seeking a new professional challenge after more than eight years at SMT Scharf. Having served on the company's Supervisory Board, Mr. Theiß has acted in the combined role of the company's CEO and CFO since 2015. The Supervisory Board is confident that it will be able to appoint a successor to the position of CEO in the near future. Similarly, COO Wolfgang Embert will not be renewing his contract that is also due to end on December 31, 2023, for reasons of age.
07-Aug-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
SMT Scharf AG is a Germany-based company that manufactures rail-bound transport systems for personnel, equipment and material. Its product portfolio comprises Monorail transport systems, electric monorail transport systems (EMTS), floor-mounted rail systems, chairlift systems for mining personnel transport, cable handling systems and conveyors, as well as diesel-powered and battery-powered locomotives. The Company also provides equipment, such as cable and hose handling systems, shifting units, winches, shunting trolleys, control cabinets and pumps. It operates through subsidiaries in Germany, Poland, the Ukraine, Russia, South Africa and China, such as Sareco Engineering Pty Ltd and Hollybank Engineering Co Ltd, as well as Nowilan Gesellschaft fuer Antriebstechnik mbH, a provider of power train solutions, logistics solutions.
SMT SCHARF AG 
