NEUBIBERG, GERMANY: Peter Bauer, former spokesperson of the Management Board, has been appointed chairman of the Board with immediate effect.
Dr. Marco Schröter, chief financial officer and labor director, has left the Management Board of Infineon Technologies AG with immediate effect. This was caused by differences in opinion over future company policy.
Peter Bauer will transitionally take over the role of CFO until a successor will be appointed. The role of the labor director with responsibility for Human Resources will be transitionally assumed by Member of the Management Board, Dr. Reinhard Ploss.