Supervisory Board of Schulte-Schlagbaum AG extends contract with CEO Peter Pongratz early until 2022

The Supervisory Board of Schulte-Schlagbaum AG resolved in its ordinary meeting on Friday, 15 December 2017, the early extension of the contract with CEO, Peter Pongratz, which would have ended in 2018. By the signing of the contract, the cooperation is fixed until the further appointment on 31.12.2022.

Peter Pongratz began his work as the CEO of Schulte-Schlagbaum AG on 1 September 2014. With the contract extension, the Supervisory Board confirms the successful management work of the CEO and thereby assures continuity in the management of Schulte-Schlagbaum Gruppe. “With the early reappointment, the Supervisory Board expressed its full confidence in the further expansion of the stock company’s business,” said Supervisory Board Chairman, Dr Günter Hopfgarten.

Peter Pongratz, CEO of Schulte-Schlagbaum AG