DGAP-News: HELLA KGaA Hueck & Co.: Managing Director China Jörg Buchheim to leave the Management Board of HELLA

Managing Director China Jörg Buchheim to leave the Management Board of HELLA

Responsibility for the China region will be fully transferred to the divisional leadership

Lippstadt, 18 November 2015. Jörg Buchheim, President & CEO China, will leave the HELLA Geschäftsführungsgesellschaft mbH by mutual amicable agreement effective
30 November 2015.

Jörg Buchheim had been holding various managerial roles in HELLA's Chinese operations before his appointment to the Management Board of HELLA as President & CEO China in January 2014, a role HELLA had created to address the disproportionate growth in the region and advance the development of its local structures.

In consultation with the Management Board, HELLA's Shareholder's Committee has now decided to discontinue the role of President & CEO China in the HELLA Management Board, thereby following the approach that has already been used for all other regions. As a result, responsibility for the management of HELLA's Chinese activities will be fully transferred to the divisional leadership and HELLA's local corporate centers. Jörg Buchheim will therefore leave the HELLA Management Board and the company by mutual agreement.

"China is and will continue to be one of the largest and most rapidly growing markets in the automotive industry. It will remain a clear priority for us," said Managing General Partner Dr Jürgen Behrend. "We would like to thank Jörg Buchheim very much for his excellent collaboration and contribution to building the HELLA network in China."

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HELLA KGaA Hueck & Co., Lippstadt: HELLA is a global, family-owned company, listed on the stock exchange, with approx. 32,000 employees at 100 locations in more than 35 countries. The HELLA Group develops and manufactures lighting technology and electronic components and systems for the automotive industry and also has one of the largest retail organizations for automotive parts, accessories, diagnostics, and services within Europe. Complete vehicle modules, air-conditioning systems, and vehicle electrical systems are also produced in joint venture companies. With more than 6,000 people working in research and development, HELLA is one of the most important innovation drivers on the market. In addition, with sales of EUR 5.8 billion in fiscal year 2014/2015, the HELLA Group is one of the top 40 automotive suppliers in the world and one of the 100 largest German industrial companies.

For additional information please contact:
Dr Markus Richter
Company spokesperson
HELLA KGaA Hueck & Co.
Rixbecker Straße 75
59552 Lippstadt
Deutschland
Tel.: +49 (0)2941 38-7545
Fax: +49 (0)2941 38-477545
Markus.Richter@hella.com
www.hella.com