SMT Scharf AG announced changes to its Managing and Supervisory boards. Managing Board Chairman (CEO), Mr. Christian Dreyer, has announced that he is stepping down from his post as Managing Board member with effect as of June 30, 2015. Mr. Hans Joachim Theiss subsequently resigned as Deputy Chairman of the Supervisory Board, and also stepped down from the company's Supervisory Board with effect as of July 15, 2015.

He has hereby made himself available to switch to the role of Managing Board Chairman (CEO), with responsibility for the areas of finance and controlling, strategic corporate development, mergers and acquisitions, and investor relations. The company has proposed Mrs. Diplom-Volkswirtin Dorothea Gattineau as Mr. Theiss' successor. Mrs. Gattineau qualifies for this role after holding several managerial roles at medium-sized companies, including international operating companies from various sectors, and including seven years at SMT Scharf.

Mrs. Gattineau is available as from July 16, 2015. Also at meeting, the company's Supervisory Board has appointed Mr. Wolfgang Embert as a new member of the company's Managing Board with effect as of July 1, 2015. Mr. Embert was already engaged as a technical director at SMT Scharf, playing a decisive role in shaping the company's product development.

Mr. Embert will be responsible in his new function as Chief Technology Officer at SMT Scharf AG for the construction, development and production areas. Managing Board member Mr. Heinrich Schulze-Buxloh will continue to intensively address the sales and service area is his function as Managing Board member.