maxon in management overhaul

06 February 2007

maxon motor’s CEO, Jürgen Mayer will step down to pave the way for a three man collective executive board to take-over on 1 March.

Mayer will become chairman of the board of directors while Armin Lederer, Dr Karl-Walter Braun and Eugen Elmiger will run the Swiss company.

Lederer, chartered engineer and employee of the company since 2001, will be the speaker. Braun, maxon majority shareholder, and Elmiger, also a chartered engineer, will join him.

Dr Ulrich Claessen, who is taking charge of the development department, joins the enlarged executive board on 1 April 2007.

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