Peter Harbig to Head Honsel
"We are delighted to welcome Peter Harbig, a proven expert in the automotive business as well as in material sciences. His experience in sales and restructuring will further support Honsel's current programme of reorganisation and growth", Edward Krubasik, Honsei supervisory board chairman said in a release.
Peter Harbig, who left Karmann on July 20, will replace Heinz Pfannschmidt on September 1. The fate of the latter is yet unclear, as Manager Magazine reported Pfannschmidt will remain with Honsel, as a consultant, until his contract was originally due, in 2011. As for the reasons of his departure, Honsel stated:
"The supervisory board of Honsel AG consented to the request of the chief executive officer, Heinz Pfannschmidt to retire following the successful conclusion of the financial restructuring..." Honsel has been restructuring since mid-2008.
"We are grateful to Dr. Pfannschmidt for his ability to reconcile the interests of customers, suppliers and employees as well as shareholders and creditors during this highly critical phase. This has enabled us to place the company on a secure footing for the future."
Honsel is an automotive industry supplier, specialized in the manufacturing of cast, extruded and rolled aluminium and magnesium products for engines, transmissions, suspensions and bodywork, for both passenger cars and commercial vehicles. It operates facilities in Germany, France, Spain, Brazil and Mexico.
As a twist, Peter Harbig will join the RHJ owned Honsel after he previously served on the executive board of Magna Steyr in Austria...