Herbert Diess
The former VW boss is returning to the Infineon supervisory board.
(Photo: imago images/Jan Huebner)
The former VW boss Herbert Diess is to become the new chairman of the supervisory board at the semiconductor group Infineon. The previous incumbent, Wolfgang Eder, will no longer stand for election to the Supervisory Board at the Annual General Meeting on February 16, as the company announced on Friday. For this purpose, Diess is to be newly elected to the committee and then to be appointed chairman by the Supervisory Board.
“Now is the right time to make changes to the supervisory board,” said Eder, who has held the post since 2019. In view of the “very challenging environment”, he is pleased that Diess is the “ideal candidate” for the successor. “He knows the company and the industrial environment very well.”
It is a return for Diess: He was a member of Infineon’s control committee from 2015 to 2020. The car industry is the largest customer of the company from Neubiberg near Munich.
In addition to Eder, Hans-Ulrich Holdenried will also no longer stand for the supervisory board. The former Siemens manager Klaus Helmrich was named as another new candidate. Infineon CEO Jochen Hanebeck praised Diess and Helmrich as “recognized experts for the major issues that will determine the future of our business”.
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