UNIWHEELS Announces Board Changes Effective January 21, 2016
(Vorstandsvorsitzender) of the now listed UNIWHEELS AG, Mr. Ralf Schmid has announced that he will resign as member of the management board (Vorstand) as of January 21, 2016 and to assume a function as member of the supervisory board (Aufsichtsrat). Mr. Ralf Schmid shall take the chair of the supervisory board instead of Mrs. Beata Olejnik and shall be mainly in charge of the strategic development and the further growth of the Group, together with other members of the supervisory board and the management board. The former member of the management board of the Automotive Division, Dr. Thomas Buchholz, shall be the new chairman of the management board of UNIWHEELS AG. As head of the suppliers division, Dr. Buchholz has already been responsible for about 85% of the business volume of UNIWHEELS.