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Date Announced: 30 Aug 2024
Jena, Germany -- The Supervisory Board of JENOPTIK AG has decided to reappoint Dr. Stefan Traeger as Chairman of the Executive Board for a further three years with effect from July 1, 2025 and has extended his contract, which runs until June 30, 2025, until June 30, 2028.
“Under the leadership of Dr. Traeger, Jenoptik has been very successful in recent years in developing into a profitably growing, focused photonics group. Continuity in the management of the company by Dr. Traeger creates the basis for realizing the organic growth potential and thus consistently implementing our strategy,” said Matthias Wierlacher, Chairman of the Supervisory Board of JENOPTIK AG.
“I look forward to continuing to work with my colleagues on the Executive Board, employees, customers and shareholders and thank the Supervisory Board for the trust they have placed in me,” said Dr. Stefan Traeger. “I would like to continue the successful path we have embarked on together”.
Together with the other members of the Executive Board, Dr. Stefan Traeger has been shaping the strategic realignment and focus of the company since 2017. The core of the “More Value” agenda is to focus Jenoptik's leading technological expertise on the fast-growing future markets of semiconductor & electronics, life science & medical technology and smart mobility. As an “enabler”, the company can create significant added value (“More Value”) for customers, employees and shareholders with its photonic solutions and accordingly achieve above-average growth and an increase in profitability.
About Jenoptik
Optical technologies are the core of our business. Jenoptik is a global photonics group and comprises the two divisions Advanced Photonic Solutions and Smart Mobility Solutions. Non-photonic activities, particularly for the automotive market, are operated as independent brands within the Non-Photonic Portfolio Companies. Our key markets primarily include semiconductor & electronics, life science & medical technology as well as smart mobility. Approximately 4,600 people worldwide work for the Jenoptik Group, which is headquartered in Jena (Germany). JENOPTIK AG is listed on the German Stock Exchange in Frankfurt and traded on the MDax and TecDax. In fiscal year 2023, Jenoptik generated revenue of 1,066.0 million euros.
E-mail: andreas.theisen@jenoptik.com
Web Site: jenoptik.com
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