Ad hoc: Amicable termination of the mandate of Stefan Auerbach as member of the Board of Directors of Wincor Nixdorf AG
Wincor Nixdorf AG today 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. The termination was agreed in view of different opinions on the strategic business development of the company.
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.