EQS-News: WashTec AG
/ Key word(s): Personnel
WashTec AG: Michael Drolshagen becomes new CEO
28.02.2024 / 19:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
The Supervisory Board of WashTec AG today appointed Mr. Michael Drolshagen as the new Chief Technology Officer (CTO) and Chief Executive Officer (CEO) effective May 1, 2024. He succeeds Dr. Ralf Koeppe, whose membership of the Management Board was terminated by mutual agreement on February 29, 2024.
Michael Drolshagen was most recently appointed to the Executive Board of thyssenkrupp Presta Aktiengesellschaft as Managing Director/CEO of the Steering division in 2018. Previously, Michael Drolshagen was Vice President After Sales for the global aftermarket of car manufacturer Porsche and reported directly to the Executive Board of Porsche AG.
The industrial engineer began his career at Porsche in 2000 at the Weissach Development Center, from where he moved to the Technical Competence Center in Zuffenhausen and was then responsible for production preparation as General Manager for several years. He started his career at the automotive supplier Hella, where he worked as a project manager from 1998 to 2000.
"Michael Drolshagen combines all the requirements we need to dynamically drive forward the implementation of the strategy for the WashTec Group," said Ulrich Bellgardt, Chairman of the Supervisory Board of WashTec AG. The Supervisory Board looks forward to a good working relationship and wishes Mr. Drolshagen every success in his new role.
28.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Language:
English
Company:
WashTec AG
Argonstraße 7
86153 Augsburg
Germany
Phone:
+49 (0)821 55 84-0
Fax:
+49 (0)821 55 84-1135
E-mail:
washtec@washtec.de
Internet:
www.washtec.de
ISIN:
DE0007507501
WKN:
750750
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
WashTec AG is a Germany-based company engaged in the provision of vehicle washing solutions. The Company and its subsidiaries focus on developing, manufacturing, selling, and servicing car wash products. The Company operates through three geographical segments: Core Europe, North America, and Asia/Pacific. Its line of business includes roll-over wash equipment, self-service wash equipment, commercial car wash equipment, wash tunnels, water reclaim systems and the spare parts are among others. It also provides repair and maintenance services, including full service and call-out services, markets related products, such as detergents and care products, and provides sales financing services. The Company distributes its products in around 70 countries. WashTec AG is the parent company of the WashTech Group.
WASHTEC AG 
