Corporate news

Marcus Resch Becomes New CFO of First Sensor AG

Appointment effective March 14 for a period of three years

The Supervisory Board of First Sensor AG has appointed Marcus Resch (42) as the Chief Financial Officer of First Sensor AG effective March 14, 2020, for a period of three years. In future, he will lead the company together with Dr. Dirk Rothweiler, who has been at the helm of the developer and manufacturer of standard products and customer-specific sensor solutions since January 2017. Besides the Finance and Controlling departments, Resch will be responsible for the areas of Human Resources, IT, Investor Relations and Legal as well as Risk Management and Compliance.

"Mr. Resch has the long-standing expertise in finance and controlling in an international technology environment that is necessary to fill this role," said Dr. Dirk Rothweiler, CEO of First Sensor AG. "Moreover, he stands out due to his experience with integration processes at TE Connectivity, from which we will benefit as part of the business combination with our new anchor investor."

The qualified business administrator began his professional career at the auditing firm PricewaterhouseCoopers in Düsseldorf in 2003. Following positions in Controlling at General Electric Healthcare in Solingen and Zürich, he joined Kinetic Concepts Inc. in 2009, where he held different roles in Finance in Wiesbaden and London. After six years, he moved to TE Connectivity in Darmstadt and Lyon. At the electronics company, he was initially responsible for global financial planning and analysis in the Industrial business unit, before overseeing the acquisition and integration of ABB's global Entrelec business as Director of Business Development.

Prof. Alfred Gossner, Chairman of the Supervisory Board at First Sensor AG, emphasized that the Supervisory Board was able to gain an excellent impression of Mr. Resch in several personal discussions. "We are convinced that, thanks to his professional background and his personality, Mr. Resch is the ideal appointment to guide First Sensor AG on its path to profitable growth in the context of the business combination with TE Connectivity."

Marcus Resch succeeds Dr. Mathias Gollwitzer, who vacated his office after completion of the takeover offer from TE Connectivity Sensors Germany Holding AG. In addition, the four shareholder representatives on the Supervisory Board of First Sensor AG will resign from their offices on April 30, 2020. They are to be replaced by court-appointed members of the Supervisory Board, who will then be proposed to the shareholders for election at the Annual General Meeting to be held on May 26, 2020.

About First Sensor AG
Founded as a technology start-up in the early 1990s, today, First Sensor is a global player in sensor technology. Based on our know-how in chip design and production as well as microelectronic packaging, standard sensors and customer-specific sensor solutions are developed in the fields of photonics, pressure and advanced electronics for the ever-growing demand in key applications for the target markets of Industrial, Medical and Mobility. The strategy is aimed at profitable growth and focuses on key customers and products, forward integration and strengthening our international presence. First Sensor has been listed on the Frankfurt Stock Exchange since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN DE0007201907 Ι SIS]. Further information: www.first-sensor.com.

Disclaimer
Statements in this report relating to future developments are based on a prudent estimate of future events. Actual events of the company may deviate significantly from planned events, as they depend on a large number of market and economic factors, some of which are outside of the company's control.

Image material for printing
https://www.first-sensor.com/en/company/press/picture-archive/index.html
First Sensor AG owns the rights to the images. Please make reference to this when using the material. If you require more material, you are welcome to contact us.