Leoni says CEO Probst will leave in June 2015

Leoni's supervisory board said it would have liked to retain Probst beyond 2015.
Related Topics

NUREMBERG, Germany (Reuters) -- German supplier Leoni said today that CEO Klaus Probst will leave the company at his own request at the end of June 2015.

The supervisory board at the wiring supplier will pick Probst's successor, who will be tasked with executing the company's new strategy, early next year, Leoni added in a statement.

The company also said it had extended the contracts of Chief Financial Officer Dieter Belle and division chief Andreas Brand until the end of 2019.

Leoni ranks No. 54 on the Automotive News Europe list of the top 100 global suppliers with worldwide sales to automakers of $3.6 billion in 2012. Europe accounted for 63 percent of that total.

Contact Automotive News

Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.

Or submit an online comment below. (Terms and Conditions)


 

Latest Headlines

More »
2014
 
2013 Rising Stars 
2013 Rising Stars 
Rocket Fuel