DGAP-News: SMA Solar Technology AG: Change in the Management Board of SMA Finance | News

DGAP-News: SMA Solar Technology AG / Keywords: Personnel

SMA Solar Technology AG: Change in the financial department of the SMA Management Board

May 19, 2022 / 12:00
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Corporate news from SMA Solar Technology AG

Change in the finance department of the SMA Management Board

Niezetal, May 19, 2022 Ulrich Hadding, Chief Financial, HR and Legal Director of SMA Solar Technology AG (SMA, FWB: S92), leaves the company at his own request on May 31, 2022 after many years of service. Barbara Gregor, Managing Director and Chief Financial Officer of thyssenkrupp Materials Trading GmbH and the international Thyssenkrupp Materials Trading Group, was appointed to the Management Board as its successor.

Ulrich Hadding leaves the SMA board to take on a new professional challenge. Hadding, who has been the Head of Finance and Legal at SMA since 2009, was appointed to the Management Board in 2017 as CFO and Employment Director. In addition to the areas of finance and law, he was also responsible for human resources, compliance, audit, property management and public affairs. In addition, he has played a key role in all of SMA’s recent M&A activities and has managed communications in the company’s capital market. SMA is a great company that is perfectly prepared to take advantage of the development opportunities in the field of renewable energy. I wish SMA, CEO Jürgen Reinert, Barbara Gregor and all employees every success for the future, Hadding said.

Barbara Gregor was appointed by the Supervisory Board to succeed Ulrich Hadding and will take up the position of CFO at SMA from December 1, 2022. He has many years of international experience in all areas of CFO responsibility, in particular in the management and further development of finance, controlling, accounting, risk management, HR and IT. Barbara Gregor is also recognized as an expert in international M&A transactions, change management, strategic business development and rotation management. Until she joins, Thomas Pixa, executive vice president of finance at SMA, will represent the finance department as interim CEO.

We would like to thank Ulrich Hadding for his commitment, international approach and exceptional expertise. SMA could benefit a lot from this. We wish him every success and all the best in his new career goals. We are pleased that we have gained the personality of Barbara Gregor with many years of international experience in finance, who will continue to develop SMA’s path to becoming a sustainable systems and solutions provider and who will actively help shape it thanks to her unique knowledge, says Uwe Kleinkauf, Chairman of the Supervisory Board of SMA . We are convinced that Jürgen Reinert and Barbara Gregor will make the best possible use of the opportunities offered by the development of renewable energies and meet the challenges of our industry thanks to new solutions, innovative business models and a sustainable financial strategy.

About SMA
As the world’s leading specialist in photovoltaic technology and storage systems, the SMA Group is today creating the conditions for a decentralized and renewable energy supply of tomorrow. The SMA portfolio includes a wide range of efficient solar and battery inverters, integrated system solutions for PV and storage systems in all performance classes, intelligent energy management systems, and solutions for electric vehicle charging and power-to-gas applications. The offer is completed by digital energy services and extensive services, up to operational management and maintenance services for photovoltaic power plants. SMA inverters with a total capacity of over 110 GW are installed in over 190 countries around the world. SMA’s award-winning technology is protected by over 1,700 patents and registered utility models. The parent company of SMA Solar Technology AG has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and on the SDAX since 2008.

SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany

Corporate Communication Manager:
Ania Jasper
Phone +49 561 9522-2805
Presse@SMA.de

Press contact:
Suzanne Henkel
Senior Corporate Communication Manager
Telephone +49 561 9522-1124
Presse@SMA.de

Reservation:
These Corporate News are informational only and do not constitute an offer or solicitation to buy, hold or sell securities of SMA Solar Technology AG (the Company) or any present or future subsidiary of the Company (together with the Company: SMA Group). it should be understood as the basis of an agreement to purchase or sell securities of a company or company from the SMA Group.

These Corporate News may contain forward-looking statements. Forward-looking statements are statements that are not historical facts. They also contain statements about our beliefs and expectations. These statements are based on plans, estimates and forecasts that are currently available to the management of SMA Solar Technology AG (SMA or company). Accordingly, forward-looking statements are current only as of the date they are made. By their nature, forward-looking statements involve risks and uncertainties. Various known and unknown risks, uncertainties and other factors may lead to material differences between the actual future results, financial condition, development or performance of the company and the estimates presented here. These factors include those that the SMA has described in published reports. These reports are available on the SMA website www.SMA.de. The company is under no obligation to update such forward-looking statements or to adapt them to future events or developments.

19.05.2022 Publication of Corporate News / Financial News broadcast by DGAP – EQS Group AG website.
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