Zurich, May 18, 2022: Kongsberg Automotive’s (KA) nomination committee has proposed Rolf Breidenbach and Mark Wilhelms, two prominent candidates with decades-long experience in the automotive industry, be elected as the new members of the KA Board of Directors.

Rolf Breidenbach holds a PhD in Engineering from RWTH Aachen University and a Master`s Degree in Business Administration from RWTH Aachen University. Rolf comes to the KA board with over two decades of experience working as a Partner in McKinsey & Company and as the Chief Executive Officer of Hella. He is the Non-Executive Director and Member of the Supervisory Board of Dürr AG, Germany at present.

Mark Wilhelms holds a Master`s Degree in Business Engineering and a Master’s Degree in Process Engineering from the University of Applied Sciences Krefeld, Germany. He was the Director, Finance/Controller, Operations in Genk, Belgium at Ford Motor Company, and the Chief Financial Officer in FTE Automotive. He is the Chief Financial Officer at Stabilus, from where he will retire in September 2022. Mark is a Non-Executive Director (NED) and Member of the Supervisory Board of the NORMA Group, Germany, and of Novem Car Interior Design, Germany/Luxemburg.

“Rolf and Mark’s valuable experience in the automotive industry and their proven business acumen will be a strong asset to the Board as KA charts its way forward on the path to realizing its ambitions outlined at the Capital Markets Day,” says Firas Abi-Nassif, Chair of KA Board of Directors, adding, “I am honored to support their nomination, and look forward to their election at the Annual General Meeting.”

KA`s Annual General Meeting will be held on June 2, 2022.
 

About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle industry. We drive the global transition to sustainable mobility by putting engineering, sustainability, and innovation into practice. Our product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products. Find more information at: kongsbergautomotive.com

Media contact:
Therese Sjoborg Skurdal
therese.skurdal@ka-group.com
+47 982 14 059

Investor relations contact:
Jakob Bronebakk
jakob.bronebakk@ka-group.com
+47 906 39 637