Lohr, 2014-12-02

Changes to the Bosch Rexroth executive board

- Dr. Steffen Haack joining the executive board in the new year

- Dr. Bertram Hoffmann to take charge of Mobile Applications

- Chairman Dr. Karl Tragl set to assume responsibility for development

- Dr. Stefan Spindler leaving the company at his own request

Lohr – The executive board of Bosch Rexroth AG is being reorganized. Effective January 1, 2015, Dr. Steffen Haack has been appointed to the executive board. He will be assuming responsibility for the Industrial Applications business unit, of which he is currently president. He will also be in charge of Bosch Rexroth sales. Until the end of August 2014, the 48-year-old was chairman of the management board of Bosch Solar Energy. Prior to this position, he spent many years at Bosch Rexroth, most recently as president of sales and branch management for factory automation. Haack has extensive industry expertise, for instance in the areas of electric drives and hydraulics.

Dr. Stefan Spindler, who has been in charge of the Mobile Applications business unit, is leaving the company at his own request. Dr. Bertram Hoffmann, member of the executive board, is set to assume responsibility for Mobile Applications after Spindler’s departure. He will also continue to be in charge of the Renewable Energies business unit and production. “We thank Mr. Spindler for his high level of commitment over the years and in the various positions he held at our company. We wish him all the best for the future,” said Dr. Karl Tragl, the chairman of the executive board, who will take over Spindler’s responsibility for research and development at Bosch Rexroth. Moreover, Tragl will focus his efforts on driving foreign business forward in major growth markets such as Asia, the Americas, and Africa. His aim will be to ensure that acquisitions already made in these regions in particular quickly contribute to the growth of the entire company. Dr. Rolf Dieter Amann’s areas of responsibility will remain unchanged. The 56-year-old will continue to be in charge of purchasing, logistics, commercial activities, and human resources.

Economical, precise, safe, and energy efficient: drive and control technology from Bosch Rexroth moves machines and systems of any size. The company bundles global application experience in the market segments of Mobile Applications, Machinery Applications and Engineering, Factory Automation, and Renewable Energies to develop innovative components as well as tailored system solutions and services. Bosch Rexroth offers its customers hydraulics, electric drives and controls, gear technology, and linear motion and assembly technology all from one source. With locations in over 80 countries, roughly 36,700 associates generated sales revenue of approximately 5.7 billion euros in 2013.

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The Bosch Group is a leading global supplier of technology and services. In 2013, its roughly 281,000 associates generated sales of 46.1 billion euros. (NB: Due to a change in accounting policies, the 2013 figures can only be compared to a limited extent with the 2012 figures). Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. In 2013, the Bosch Group invested some 4.5 billion euros in research and development and applied for some 5,000 patents. This is an average of 20 patents per day. The Bosch Group’s products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is “Invented for life.”

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