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ADS-TEC Energy Announces CFO Transition as Part of Planned Organizational Development

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ADS-TEC Energy has announced a planned transition in its Chief Financial Officer (CFO) position. Wolfgang Breme, who has been instrumental in establishing the company's presence in capital markets, especially during its early years as a NASDAQ-listed entity, will be stepping down. The company has accelerated its succession plan, originally set for 2025, and appointed Stefan Berndt-von Bülow as the new CFO for ADS-TEC Energy PLC and its subsidiaries, effective October 14, 2024.

Berndt-von Bülow brings extensive experience as a CFO, with a strong background in high-tech product portfolios, growth-oriented organizations, and capital markets. His expertise is expected to support ADS-TEC Energy's next phase of development and growth. The Board of Directors and Management Board have expressed their gratitude to Breme for his significant contributions and wished him success in his future endeavors.

ADS-TEC Energy ha annunciato una transizione pianificata nella posizione di Direttore Finanziario (CFO). Wolfgang Breme, che è stato fondamentale nel consolidare la presenza dell'azienda nei mercati dei capitali, specialmente durante i suoi primi anni come entità quotata al NASDAQ, si dimetterà. L'azienda ha accelerato il suo piano di successione, originariamente previsto per il 2025, e ha nominato Stefan Berndt-von Bülow come nuovo CFO di ADS-TEC Energy PLC e delle sue filiali, con effetto dal 14 ottobre 2024.

Berndt-von Bülow porta con sé un'ampia esperienza come CFO, con un solido background in portafogli di prodotti ad alta tecnologia, organizzazioni orientate alla crescita e mercati dei capitali. La sua esperienza è prevista per supportare la prossima fase di sviluppo e crescita di ADS-TEC Energy. Il Consiglio di Amministrazione e il Consiglio di Gestione hanno espresso la loro gratitudine a Breme per i suoi significativi contributi e gli hanno augurato successo nelle sue future iniziative.

ADS-TEC Energy ha anunciado una transición planificada en el cargo de Director Financiero (CFO). Wolfgang Breme, quien ha sido fundamental para establecer la presencia de la empresa en los mercados de capitales, especialmente durante sus primeros años como entidad cotizada en NASDAQ, dejará el cargo. La empresa ha acelerado su plan de sucesión, originalmente programado para 2025, y ha nombrado a Stefan Berndt-von Bülow como el nuevo CFO de ADS-TEC Energy PLC y sus filiales, con efecto a partir del 14 de octubre de 2024.

Berndt-von Bülow aporta una amplia experiencia como CFO, con un sólido background en carteras de productos de alta tecnología, organizaciones orientadas al crecimiento y mercados de capitales. Se espera que su experiencia apoye la próxima fase de desarrollo y crecimiento de ADS-TEC Energy. El Consejo de Administración y el Consejo de Gestión han expresado su agradecimiento a Breme por sus contribuciones significativas y le han deseado éxito en sus futuros proyectos.

ADS-TEC Energy는 최고 재무 책임자(CFO) 직책의 예정된 전환을 발표했습니다. Wolfgang Breme는 특히 NASDAQ 상장 초기의 회사 자본 시장에서의 입지를 확립하는 데 중요한 역할을 했으며, 물러날 예정입니다. 회사는 원래 2025년으로 예정된 승계 계획을 가속화하고, Stefan Berndt-von Bülow를 ADS-TEC Energy PLC 및 그 자회사들의 새로운 CFO로 임명했습니다. 임기는 2024년 10월 14일부터 시행됩니다.

Berndt-von Bülow는 CFO로서의 폭넓은 경험을 가지고 있으며, 고기술 제품 포트폴리오, 성장 지향적인 조직 및 자본 시장에 대한 강력한 배경을 보유하고 있습니다. 그의 전문성이 ADS-TEC Energy의 다음 개발 및 성장 단계에 도움이 될 것으로 예상되고 있습니다. 이사회와 경영진은 Breme에게 그의 중요한 기여에 감사의 뜻을 전하며, 앞으로의 endeavours에 행운을 기원했습니다.

ADS-TEC Energy a annoncé une transition prévue au poste de Directeur Financier (CFO). Wolfgang Breme, qui a joué un rôle clé dans l'établissement de la présence de l'entreprise sur les marchés de capitaux, notamment durant ses premières années en tant qu'entité cotée au NASDAQ, va quitter ses fonctions. L'entreprise a accéléré son plan de succession, initialement prévu pour 2025, et a nommé Stefan Berndt-von Bülow comme nouveau CFO d'ADS-TEC Energy PLC et de ses filiales, à compter du 14 octobre 2024.

Berndt-von Bülow apporte une vaste expérience en tant que CFO, avec une solide expérience dans les portefeuilles de produits de haute technologie, les organisations orientées vers la croissance et les marchés de capitaux. Son expertise devrait soutenir la prochaine phase de développement et de croissance d'ADS-TEC Energy. Le Conseil d'administration et le Conseil de direction ont exprimé leur gratitude envers Breme pour ses contributions significatives et lui ont souhaité du succès dans ses futures entreprises.

ADS-TEC Energy hat einen geplanten Wechsel in der Position des Chief Financial Officer (CFO) angekündigt. Wolfgang Breme, der entscheidend dazu beigetragen hat, die Präsenz des Unternehmens an den Kapitalmärkten, insbesondere in den frühen Jahren als NASDAQ-notiertes Unternehmen, zu etablieren, wird zurücktreten. Das Unternehmen hat seinen Nachfolgeplan, der ursprünglich für 2025 vorgesehen war, beschleunigt und Stefan Berndt-von Bülow als neuen CFO von ADS-TEC Energy PLC und seinen Tochtergesellschaften mit Wirkung zum 14. Oktober 2024 ernannt.

Berndt-von Bülow bringt umfangreiche Erfahrung als CFO mit, mit einem starken Hintergrund in High-Tech-Produktportfolios, wachstumsorientierten Organisationen und Kapitalmärkten. Seinen Fachkenntnissen wird erwartet, dass sie die nächste Entwicklungs- und Wachstumsphase von ADS-TEC Energy unterstützen. Der Vorstand und der Managementausschuss haben Breme für seine wesentlichen Beiträge gedankt und ihm viel Erfolg bei seinen zukünftigen Vorhaben gewünscht.

Positive
  • Appointment of Stefan Berndt-von Bülow as new CFO with extensive experience in high-tech portfolios and growth-oriented organizations
  • Accelerated succession plan indicates proactive organizational development
Negative
  • Departure of Wolfgang Breme, who played a pivotal role in establishing the company's presence in capital markets

NÜRTINGEN, Germany--(BUSINESS WIRE)-- ADS-TEC Energy is moving forward with its planned organizational evolution. Over the past few years, Mr. Wolfgang Breme has played a pivotal role as Chief Financial Officer (CFO), particularly in establishing the company's presence within capital markets. His extensive experience with publicly listed companies has been instrumental in guiding the company during its early years as a NASDAQ-listed entity. The Board of Directors and Management Board extend their sincere gratitude to Mr. Breme for his significant contributions and wish him continued success in his future endeavors.

Stefan Berndt-von Bülow is now CFO of ADS-TEC Energy (Photo: Business Wire)

Stefan Berndt-von Bülow is now CFO of ADS-TEC Energy (Photo: Business Wire)

In line with its strategic succession plan, ADS-TEC Energy is pleased to announce that the planned CFO transition, originally set for 2025, has been accelerated. Mr. Stefan Berndt-von Bülow will assume the role of CFO for ADS-TEC Energy PLC and its subsidiaries, effective October 14, 2024. Mr. Berndt-von Bülow brings extensive experience as a CFO, with a strong background in high-tech product portfolios, growth-oriented organizations, and capital markets. His expertise positions him well to support ADS-TEC Energy’s next phase of development and growth.

About ADS-TEC Energy

Based on more than ten years of experience with lithium-ion technologies, ADS-TEC Energy develops and produces battery storage solutions and fast charging systems including their energy management systems. Its battery-based fast-charging technology enables electric vehicles to charge ultra-fast even with weak power grids and is characterized by a very compact design. The company, based in Nürtingen, Baden-Württemberg, was nominated for the German Future Prize by the Federal President and was included in the "Circle of Excellence" in 2022. The high quality and functionality of the battery systems is due to a particularly high level of in-depth development and in-house production. With its advanced system platforms, ADS-TEC Energy is a valuable partner for car manufacturers, energy supply companies and charging station operators.

More information at: www.ads-tec-energy.com

Media:

ADS-TEC Energy International:

Dennis Müller

SVP Product Marketing & Communications

press@ads-tec-energy.com



ADS-TEC Energy United States:

Stephannie Depa

Breakaway Communications

sdepa@breakawaycom.com

+1 530-864-0136

Source: ADS-TEC Energy

FAQ

When will Stefan Berndt-von Bülow assume the role of CFO at ADS-TEC Energy (ADSE)?

Stefan Berndt-von Bülow will assume the role of CFO for ADS-TEC Energy PLC and its subsidiaries, effective October 14, 2024.

Who is stepping down as CFO of ADS-TEC Energy (ADSE)?

Wolfgang Breme is stepping down as CFO of ADS-TEC Energy. He played a pivotal role in establishing the company's presence within capital markets, particularly during its early years as a NASDAQ-listed entity.

What experience does the new CFO of ADS-TEC Energy (ADSE) bring to the role?

Stefan Berndt-von Bülow brings extensive experience as a CFO, with a strong background in high-tech product portfolios, growth-oriented organizations, and capital markets.

Why did ADS-TEC Energy (ADSE) accelerate its CFO succession plan?

ADS-TEC Energy accelerated its CFO succession plan, originally set for 2025, as part of its planned organizational evolution to support the company's next phase of development and growth.

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