Supervisory Board change at DMG MORI
Bielefeld // Today’s 116th Annual General Meeting of Shareholders of DMG MORI AKTIENGESELLSCHAFT welcomed approx. 450 shareholders. Thus some 88% of the share capital were represented. The shareholders voted with a clear majority to adopt the resolutions proposed by the Executive Board and Supervisory Board. The Executive Board and Supervisory Board were approved for financial year 2017 by a large majority. Subsequently, the Supervisory Board today voted Dr. Eng. Masahiko Mori as its chairman. He succeeds Prof. Dr.-Ing. Raimund Klinkner, who retires from the board on the best terms.
Dr. Eng. Masahiko Mori has been the president of the DMG MORI COMPANY LIMITED since 1999, which holds an indirect investment of 76.03% in DMG MORI AKTIENGESELLSCHAFT according to its latest voting rights notification. The Chairman of the Executive Board, Christian Thönes, is delighted at the appointment of Dr. Mori as Chairman of the Supervisory Board and at continuing their trustful and successful cooperation.
The Supervisory Board of DMG MORI AKTIENGESELLSCHAFT comprises six members elected by the Annual Shareholders' Meeting and six members elected by the employees. As part of the regular cycle of elections to the Supervisory Board, the appointment of all Supervisory Board members ended today. The new Chairman of the Supervisory Board, Dr. Eng. Masahiko Mori, has been a member of the Supervisory Board since November 2009. The re-elected shareholder representatives include Ulrich Hocker, Irene Bader, Prof. Dr.-Ing. Berend Denkena and Prof. Dr. Annette Köhler. James Victor Nudo has been elected as a new member. The US citizen is president of DMG MORI USA INC., a subsidiary of DMG MORI COMPANY LIMITED. The employees' representatives were elected to the Supervisory Board on 6th March 2018. Of these, Mario Krainhöfner, Tanja Fondel and Dietmar Jansen were re-elected, new members elected are Larissa Schikowski, Michaela Schroll and Stefan Stetter.
On behalf of the entire Executive Board, Christian Thönes thanks the departing members of the Supervisory Board for the previous constructive and open dialogue.
DMG MORI AKTIENGESELLSCHAFT
The Executive Board
Disclaimer, Forward-looking statement
Forward-looking statements:This press release contains forward-looking statements, which are based on current estimates of the management regarding future developments. Such statements are based on the management's current expectations and specific assumptions. They are subject to risks, uncertainties and other factors that could cause the actual circumstances including the results of operations, financial position and net worth of DMG MORI AKTIENGESELLSCHAFT to differ materially from or be more negative than those expressly or implicitly assumed or described in these statements. The business activities of DMG MORI AKTIENGESELLSCHAFT are subject to a range of risks and uncertainties, which may likewise render a forward-looking statement, estimate or forecast inaccurate. Should one of these factors of uncertainty or other unforeseeable event occur, or should the assumptions on which these statements are based prove incorrect, the actual results may differ materially from the results expressed, expected, anticipated, intended, planned, aimed at, estimated, projected or implied in these statements. Forward-looking statements must not be understood as a guarantee or assurance of the future developments or events contained therein.
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There are two companies using the name “DMG MORI“: DMG MORI AKTIENGESELLSCHAFT with registered office in Bielefeld, Germany, and DMG MORI COMPANY LIMITED with registered office in Nara, Japan. DMG MORI AKTIENGESELLSCHAFT is (indirectly) controlled by DMG MORI COMPANY LIMITED. This release refers exclusively to DMG MORI AKTIENGESELLSCHAFT. If reference is made in this release to “DMG MORI“, this refers exclusively to DMG MORI AKTIENGESELLSCHAFT and its controlled companies within the meaning of Section 17 of the German Stock Corporation Act (Aktiengesetz – AktG). If reference is made to "Global One Company", this refers to the joint activities of DMG MORI COMPANY LIMITED and DMG MORI AKTIENGESELLSCHAFT including all subsidiary companies.