Hella KGaA Hueck & Co. announced that Dr. Wolfgang Ollig, chief finance and controlling officer of the company announced that he will not extend his contract of employment expiring on June 30, 2016. Until a successor has been decided on, Dr. Ollig will fulfill his tasks and responsibilities as CFO according to contract.

Dr. Ollig has held several functions at HELLA since 2004 and was appointed to the Management Board as CFO in 2006.