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Joachim Wimmers appointed new CFO of First Sensor AG

2012-02-14

The Supervisory Board of First Sensor AG has appointed Mr. Joachim Wimmers as the new Chief Financial Officer of the Company effective March 1, 2012. He suc-ceeds Dr. Ingo Stein, who notified the Supervisory Board that he would step down from his position for personal reasons effective March 31, 2012.

Joachim Wimmers, 47, most recently served as the Managing Director of an internationally active manufacturer of electrotechnical products with annual sales of around €100 million and more than 750 employees, and has more than 15 years of professional experience in the financial management of manufacturing companies. He will manage First Sensor AG together with Chief Executive Officer Dr. Hans-Georg Giering. “Joachim Wimmers is a proven financial expert with particular expertise in the fields of controlling, integration, strategic and corporate development, and lean management. He is an ideal appointment for our Company’s current phase and the further development of the First Sensor Group,” commented Götz Gollan, Chairman of the Supervisory Board of the Company.

The Supervisory Board regrets the departure of Dr. Stein and would like to express its gratitude for the excellent cooperation enjoyed with him. He made a key contribution to structuring and financing the Company’s strong growth over recent years and to the acquisition of the Sensortechnics Group in 2011. Dr. Stein will continue to maintain friendly ties with the Company.

First Sensor AG
Executive Board

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems and part of TE Connectivity. In the growth market of sensor systems, First Sensor develops and produces customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Our goal here is to identify, meet and solve the challenges of the future with our innovative sensor solutions early on.
Investor Relations
Our investor relations activities aim at raising the international publicity of First Sensor AG and at consolidating and extending the perception of our share as an attractive growth stock. This means we keep our online communication transparent, comprehensive and continuous in order to enhance your trust in our share.
Tailored Solutions
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Career
Innovation, excellence, proximity – these are our values, our ambition, our drive. Anything less is not an option. Our sensor solutions stand for technical innovation and economic growth. As such, they form the basis for the development and application of new technologies in almost all areas of life. We aim to shape this future together with you.

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