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Personal change on the Executive Board of Rheinmetall AG
In light of the transformation resulting from the Group’s strategic reorientation, Jörg Grotendorst, until now Rheinmetall AG Executive Board member for Automotive, has asked the Supervisory Board to relieve him of his duties.
The structure of the Executive Board will be modified accordingly, enabling it to address forthcoming challenges during the course of Rheinmetall’s strategic reorientation. Following elimination of the Automotive holding and the resulting direct control of all Group divisions by the Executive Board, this body will now consist of three rather than four members: Armin Papperger, as Chairman of the Executive Board of Rheinmetall AG, as well as members Helmut P. Merch (Finance) and Peter Sebastian Krause (HR).