The Supervisory Board of PWO AG unanimously resolved to appoint Jochen Lischer as a member of the Management Board and CFO for a further five years with effect from July 1, 2026 until June 30, 2031. This decision reflects the Supervisory Board's confidence in Jochen Lischer's professional competence and leadership skills, reinforcing stability in the company's financial leadership during a period of significant transformation in the automotive industry.
Lischer has been with PWO AG since 2021, initially serving as an authorized signatory and Director of Finance & Controlling before being appointed to the Executive Board and CFO role on July 1, 2023. During his tenure, he has contributed significantly to the successful development of the PWO Group, introducing new instruments in finance, controlling and treasury that opened up additional development prospects for the Group. These innovations enabled the company to translate its innovative strength even more effectively into new business and growth opportunities.
In his other areas of responsibility, Lischer and his team are consistently driving development in line with global market standards. This extension comes as PWO Group positions itself as a global partner to the mobility industry, shaping the future of mobility with its powertrain agnostic and sustainable business model. The company serves as technology leaders in climate-friendly lightweight construction, high-precision forming and related joining technologies, engineering and manufacturing complex metal components and systems at the cutting edge of technological achievability.
PWO Group's solutions combine cost-effectiveness with sustainability, positioning the company at the forefront of three megatrends in the mobility industry: electrification, safety and comfort. The company's components are integral to almost every passenger car worldwide, with the organization producing over 100 million components annually across 10 global locations. More information about the company's operations and strategic direction is available at https://pwo-group.com.
The contract extension ensures continuity in financial leadership as PWO Group continues to expand its innovative engineering expertise and maintain its local for local production strategy, which ensures customer proximity and highest quality standards. The company's corporate management is characterized by responsibility and transparency, strategically anchored in its guiding principle of People, Planet, Progress, reflecting its commitment to sustainable business practices and value-oriented employment.
