The Supervisory Board of Wacker Neuson SE and Mr. Jan Willem Jongert (member of the Executive Board responsible for sales) have agreed, by fully amicable and mutual consent, for Mr. Jongert to step down from his position earlier than planned due to differences in opinion over the concrete implementation of the Group’s existing sales strategy. Mr. Jongert took up his role on the Executive Board on April 1, 2016 and withdrew from this position on January 9, 2017. Effective today, Mr. Alexander Greschner (46) succeeds Mr. Jongert as CSO of Wacker Neuson SE. Mr. Greschner was previously Managing Director at the German production company for light equipment, headquartered in Reichertshofen near Munich. He spent three years in this role and beyond that played a key role in successful Group-wide sales projects.