Washtec AG announced changes in the management board. At its meeting on Nov. 14, 2012, the Supervisory Board appointed two new members to the Management Board of WashTec AG: Dr.-Ing.

Jürgen Rautert (54) will serve as Chief Operating Officer (COO) and Dr. rer. oec., Dr.-Ing. Stefan Vieweg, CFA, (47) as Chief Financial Officer (CFO).

The new Management Board members will commence their service at the beginning of 2013. Mr. Michael Busch will continue to serve as Spokesman of the Management Board for an interim phase of two months after the new management board members have joined WashTec. Once Mr. Busch returns to the Supervisory Board, Dr. Rautert will assume the function of the Spokesman of the Management Board and CEO.

Dr. Rautert has long-term international experience as management board member and has served as chief sales and chief technology officer of the management board of Heidelberger Druckmaschinen AG for many years. Dr. Vieweg currently serves as CFO Managed Services of Atos Deutschland, and prior to that position, served as head of Controlling at Vodafone Group plc for a long time.