Schulte Retires from MAN B&W
After 32 years of service with MAN, Dr. Hans-J. Schulte, Member of the Executive Board of MAN AG (Munich) and Chairman of the MAN B&W Diesel Executive Board, officially retired from professional life today. At the farewell celebration attended by 150 guests, Håkan Samuelsson, Chairman of the Executive Board of MAN AG and Chairman of MAN B&W Diesel AG’s Supervisory Board emphasised: “Thanks to his international experience and his extensive knowledge of the diesel engine markets worldwide, Dr. Schulte has always been able to give fresh impetus to the Executive Board of the MAN Group and has pushed the diesel engine division decisively forward.” At the end of January, Dr. Hans-J. Schulte will retire from professional life.
MAN Diesel SE – A New European Company
MAN Aktiengesellschaft is intending to convert its Diesel Engines Business Area into a European Company (Societas Europaea) in the course of this year. At the same time, MAN B&W Diesel AG in Augsburg is to be renamed "MAN Diesel SE". "In a European Company we will think and act on an even more international scale, which is absolutely essential in the face of global competition," explained Håkan Samuelsson, Executive Board Chairman of MAN AG, at a press conference in Munich. A Societas Europaea (SE) is a corporate form under European law. This new legal form will allow for stronger integration of MAN´s international business activities. The MAN Diesel SE boards will be international bodies.
