PWO AG Extends CFO Jochen Lischer's Contract for Five Years

The Supervisory Board of PWO AG has unanimously resolved to appoint Jochen Lischer as a member of the Management Board and CFO for a further five years with effect from July 1, 2026 until June 30, 2031. This decision reflects the Supervisory Board's confidence in Lischer's professional competence and leadership skills, which have been demonstrated during his tenure with the company since 2021.

Lischer initially joined PWO AG as an authorized signatory and Director of Finance & Controlling before assuming his current role as Executive Board member and CFO on July 1, 2023. During his time with the company, he has contributed significantly to the successful development of the PWO Group by introducing new instruments in finance, controlling and treasury that opened up additional development prospects for the Group. These innovations have enabled the company to translate its innovative strength more effectively into new business and growth opportunities.

In his other areas of responsibility, Lischer and his team are consistently driving development in line with global market standards. The extension of his contract provides stability and continuity in leadership during a period of significant transformation in the mobility industry. PWO Group positions itself as a global partner to the mobility industry, shaping the future of mobility with its powertrain agnostic and sustainable business model. More information about the company's approach can be found at https://pwo-group.com.

As technology leaders in climate-friendly lightweight construction, high-precision forming and related joining technologies, PWO engineers and manufactures complex metal components and systems at the cutting edge of technological achievability. The company's solutions combine cost-effectiveness with sustainability and address the three megatrends in the mobility industry: electrification, safety and comfort. With over 100 years of experience, 3,200 employees across 10 global locations, and production of more than 100 million components annually, PWO's solutions are integral to almost every passenger car worldwide.

The reappointment of Lischer as CFO ensures the continuation of financial strategies that have supported PWO's innovative engineering expertise and local production sites, which maintain customer proximity and highest quality standards. The company's corporate management emphasizes responsibility and transparency, strategically anchored in its guiding principle of People, Planet, Progress. The Supervisory Board has expressed its wishes for Lischer's continued success in the years to come, recognizing his contributions to the company's development and future prospects.