Continuity at the top of the Leoni Group

Nuremberg – The Supervisory Board is focussing on continuity at the top of the Group: The control body of the global provider of energy and data management solutions in the automotive sector will extend the contract of CEO Klaus Rinnerberger (60) until the end of 2027.

"Leoni is well on track to return to operational success again following the financial restructuring in summer 2023. The measures initiated and accelerated under CEO Klaus Rinnerberger to increase efficiency and recover the company must be consistently continued," emphasises Friedrich Roithner, Chairman of the Supervisory Board. "We are convinced that Klaus Rinnerberger, together with the management team and not least thanks to the support of the many committed employees, will make the company more profitable in the long term. The Supervisory Board is therefore delighted to be able to appoint him as CEO for almost four further years."

The Supervisory Board has also decided to extend the Executive Board mandate of Ingo Spengler (51) as COO. His contract will now also run until the end of 2027. Dr. Harald Nippel (60) will continue his role as a member of the Executive Board and CFO until April 2026 and will therefore oversee and be responsible for the preparation of the financial results for fiscal 2025. In addition, the Supervisory Board has decided to reduce the Executive Board from four to three members as part of the company streamlining. Accordingly, the contract with Dr. Ursula Biernert as CHRO and Labour Director will not be extended by mutual agreement. She will be leaving the company over the summer to take on new professional challenges.

"We would like to expressly thank Dr. Biernert for her dedicated work over the past few years. Together with her, we have succeeded in constructively shaping the transformation of Leoni in the interests of our employees during an extremely difficult phase," says Friedrich Roithner. The responsibilities previously summarised in the CHRO area will be transferred to the remaining members of the Executive Board: In future, CEO Klaus Rinnerberger will be responsible for HR, while the other two corporate functions, namely RCS (Risk, Compliance & Sustainability) and Real Estate, will report to CFO Dr. Harald Nippel.