Auto industry veteran Carl-Peter Forster (65), is to be proposed as chairman of Hella’s shareholder committee.

The proposal will be made at the company’s shareholder AGM on 27 September. Forster has served in senior positions at BMW (board member responsible for production), General Motors Europe (CEO and chairman) and Tata Motors. More recently he has also worked in an advisory capacity for Geely as a non-executive director.

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Klaus Kühn (67), former Chief Financial Officer of Bayer AG and current member of the Hella Shareholder Committee and Supervisory Board, is scheduled to serve as the future Chairman of the Supervisory Board.

In a statement, Hella said that with Carl-Peter Forster and Klaus Kühn, “two internationally experienced top managers would again take over the leadership of the respective committees in the event of their election and enrich them with external expertise and proven expert knowledge.”

The previous chairmen Manfred Wennemer (71), Chairman of the Shareholder Committee since 2013, and Prof. Dr. Michael Hoffmann-Becking (76), Chairman of the Supervisory Board since 2004, are not available for re-election and will therefore resign from their respective bodies upon expiry of their term of office on the day of the Annual General Meeting.

The Annual General Meeting of Hella GmbH & Co. KGaA will take place on 27 September 2019 at the company headquarters in Lippstadt.

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