Wolfgang Mayrhuber, Chairman of the Supervisory Board, said: “We want to continue the successful work of the current Supervisory Board team and will therefore once again be calling for the shareholders’ trust.”
Since Infineon Technologies and its German group companies have exceeded the threshold stipulated in the German Co-Determination Act (MitbestG) of a 10,000 employees combined, the Supervisory Board will be extended from the current 12 to 16 members. Therefore, in addition to the existing Supervisory Board members, two additional candidates on the capital side will stand for election by the Infineon shareholders: Peter Bauer, currently Chairman of the Supervisory Board of Osram Licht , and Dr. Herbert Diess, Member of the Board of Management of BMW and Member of the Group Board of Management of Volkswagen.
“We are delighted that Peter Bauer, with his outstanding technical expertise, excellent knowledge of the industry and his experience as an entrepreneur, is standing for election to the Supervisory Board. We are equally delighted to have won over Herbert Diess, an extremely successful top manager with diverse experience, for the work on the Infineon Supervisory Board,” said Mayrhuber.