Executive Board changes at MAN Diesel & Turbo

OCTOBER 2 — Dr. Uwe Lauber (47) has been appointed to the Executive Board of MAN Diesel & Turbo SE effective as of October 1, 2014.

Dr. Lauber has held various management positions within the company since 2000. In his new role he will lead the entire sales and after sales activities of the company from Augsburg. The product portfolio of MAN Diesel & Turbo includes marine propulsion systems as well as engine-based power plants and turbomachinery.

"With Dr. Lauber's appointment to the Executive Board, we anticipate further expansion of worldwide sales across the entire product portfolio of the company," said Dr. Georg Pachta-Reyhofen, Chairman of the Supervisory Board of MAN Diesel & Turbo and CEO of MAN SE. Dr. Lauber succeeds Dr. Stephan Timmermann, who was responsible within the Executive Board for Marine Systems and After Sales. After 10 successful years, Dr. Timmermann is leaving the Executive Board of MAN Diesel & Turbo SE by mutual agreement as of September 30, 2014.

"We are grateful to Dr Timmermann for everything that he has done for MAN Diesel & Turbo. In particular, the expansion of the worldwide marine business and the establishment of PrimeServ as an internationally recognized premium after sales brand are the result of his efforts. We wish him all the best and every success for the future."

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