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Press Release

Franz-Josef Kortüm Becomes New Chairman of the Webasto Supervisory Board

Stockdorf/Munich – July 26, 2018 – Franz-Josef Kortüm (67) has been elected as Chairman of the Supervisory Board of Webasto SE. Effective July 26 2018, the Board of the automotive supplier appointed him as successor to Werner Baier (74). The great-grandson of company founder Wilhelm Baier chaired the Supervisory Board for some 23 years and, as Deputy Chairman, continues to represent the interests of the owners of Webasto on the Supervisory Board. The company has been family-owned since its foundation in 1901.

Franz-Josef Kortüm has been closely associated with Webasto for many years. He joined the automotive supplier in Stockdorf as member of the Management Board in 1994 and was appointed Chairman of the Management Board in 1999. Following the handover of the company’s management to the current Chairman, Dr. Holger Engelmann, Kortüm transferred to the Supervisory Board of Webasto SE at the beginning of 2013. He remained Deputy Chairman of the Supervisory Board until mid-2018.

The Supervisory Board of Webasto SE is composed as follows: Franz-Josef Kortüm (Chairman), Werner Baier (Deputy Chairman), Gerhard Mey, Claus Möhlenkamp and employee representatives Reinhard Bersch and Mirco Eschrich.

About Webasto

The Webasto Group is a global innovative systems partner to almost all automobile manufacturers and among the top 100 suppliers in this industry sector. In its core business areas the company develops and produces sunroofs, panorama roofs and convertible roofs as well as thermo systems for all drive types. In addition, with battery systems and charging solutions Webasto is expanding its product portfolio for electromobility. In 2017 the Webasto Group generated sales of 3.5 billion euros and has around 13,000 employees at more than 50 locations (with over 30 of these being manufacturing plants). The headquarters of the company, founded in 1901, is located in Stockdorf near Munich (Germany).