The FINANCIAL - Amicable termination Stefan Auerbach as member of the Board of Directors of Wincor Nixdorf AG

Amicable termination Stefan Auerbach as member of the Board of Directors of Wincor Nixdorf AG

09/02/2012 06:58 (104 Day 22:33 minutes ago)

The FINANCIAL -- Wincor Nixdorf AG announced that the company's Supervisory Board had reached a mutual agreement with Stefan Auerbach, member of the Board of Directors responsible for the global banking business, concerning the termination of his mandate effective from February 29, 2012.

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The termination was agreed in view of different opinions on the strategic business development of the company.

According to Wincor Nixdorf AG, the Supervisory Board would like to thank Stefan Auerbach for his considerable contribution to the expansion of Wincor Nixdorf's international banking and previously the services business over the course of 29 years of service with the company and wishes him continued success for the future.

Until further notice, President & CEO Eckard Heidloff will lead Wincor Nixdorf's global banking business in parallel with his existing duties.

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