Company Talk: Knorr-Bremse AG appoints Andreas Spitzauer as new Head of Investor Relations
- Knorr-Bremse has appointed Andreas Spitzauer as its new Head of Investor Relations effective 01 April 2019.
- Mr. Spitzauer has many years’ experience in the capital goods sector and excellent contacts with analysts and investors in the field.
- Knorr-Bremse is looking forward to establishing an investor relations function that meets its high quality standards together with Mr. Spitzauer.
Ralph Heuwing, CFO of Knorr-Bremse, said: "With Mr. Spitzauer, Knorr-Bremse has found a highly experienced expert in the field of investor relations. We are delighted to welcome him to our organization after the successful IPO and look forward to developing reliable, market-oriented, and transparent IR communications together with him. Our goal is to establish long-term relationships of trust with the capital market."
After serving on the Investor Relations team at Deutsche Telekom AG (6 years), Andreas Spitzauer managed the IR department at the robotics specialist Kuka (9 years). Thus, he has extensive experience in the capital goods sector and excellent contacts with analysts and investors. Most recently, Andreas Spitzauer was responsible for capital market communications at Osram Licht AG (2 years) as Head of Investor Relations.
About Knorr-Bremse
Knorr-Bremse is the global market leader for braking systems and a leading supplier of other safetycritical rail and commercial vehicle systems. Knorr-Bremse's products make a decisive contribution to the greater safety and energy efficiency on rail tracks and roads around the world. For more than 110 years the company has been the industry innovator, driving innovation in mobility and transportation technologies with an edge in connected system solutions. Knorr-Bremse is one of Germany's most successful industrial companies and profits from the key global megatrends: urbanization, ecoefficiency, digitization and automated driving.
Around 29,000 employees at over 100 sites in more than 30 countries use their competence and motivation to satisfy customers worldwide with products and services. Localization is a central focus of Knorr-Bremse's strategy. Knorr-Bremse delivers braking, entrance, control and auxiliary power supply systems, HVAC and driver assistance systems for rail vehicles, as well as braking, steering, powertrain and transmission control solutions, and driver assistance systems for commercial vehicles.
In 2017, Knorr-Bremse's two divisions generated combined revenues of EUR 6.2 billion (IFRS). A comprehensive aftermarket & services business with high entry barriers gives these revenues increasing cyclically independent stability. The company benefits from strong, entrepreneurial and experienced management. Technical excellence, reliability, passion and responsibility are deeply embedded in its corporate culture.
Media contact
Alexandra Bufe
Phone: +49 89 3547 1402
Mobile: +49 170 7043 786
Email: alexandra.bufe@knorr-bremse.com