Mbanz AG announced that CEO and company founder Dieter Manz plans move to Supervisory Board. Eckhard Hörner-Marass, Chief Technology Officer, is to take over as CEO. Mr. Manz's duties as CEO will in future be undertaken by Eckhard Hörner-Marass, currently Chief Technology Officer. Mr Hörner-Marass joined the company's Managing Board in 2016 and since then has been in charge of the establishment and operative implementation of the Group's restructuring measures which were initiated at the end of 2015. Mr. Hörner-Marass's field of responsibility will also include the strategic business units of Energy Storage and Electronics as well as the key areas research & development and business development. In future, the responsibilities of Chief Operations Officer Martin Drasch will encompass not only the Production and Purchasing fields as well as the Contract Manufacturing and Service reporting segments, but also the strategic business unit Solar which has until now been the responsibility of Mr. Manz.