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Ams OSRAM : announces Q3 profitability at upper end of the guidance, revenue above mid-point and re-confirms mid-term target financial model on the back of strong automotive design-wins -October 31, 2023 at 02:03 am EDT

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

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ams. ....

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Osram realigns top management into future corporate structure

Osram realigns top management into future corporate structure
Date Announced: 10 Dec 2020
CEO Olaf Berlien will be leaving the company after the Annual General Meeting end of February 2021
Chairman of the Supervisory Board Peter Bauer will resign his mandate in mid-December
Ingo Bank will take over as CEO of the dominated OSRAM Group from March
Thomas Stockmeier will become Chairman of the Osram Supervisory Board
All decisions will be implemented by mutual agreement
Munich, Germany OSRAM Licht AG has announced it is making changes to its Management Board to align with its new management structure as part of the ams Group. The Supervisory Board will therefore enter discussions with CEO Olaf Berlien about the termination of his contract with effect on February 28, 2021. ....

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