MTU Executive Board to expand to four members

MTU Aero Engines’ Executive Board will be reorganized, with the number of members increasing from three to four. This has been decided by the company’s Supervisory Board at its meeting on October 24. Effective January 1, 2018, Peter Kameritsch has been appointed Chief Financial Officer and Chief Information Officer for a term of three years. Lars Wagner will become the new Chief Operating Officer, also for a term of three years. Dr. Rainer Martens, who currently holds the position of Chief Operating Officer, will resign from his office by year’s end at his own request.