Infineon Technologies Extends Management Board Contracts of Wijburg, Urschitz
By Andrea Figueras
Infineon Technologies said it has prolonged the contract of management board members Rutger Wijburg and Andreas Urschitz.
Rutger Wijburg, chief operations officer, will remain in the position until March 31, 2026, the German chip maker said Tuesday.
"The supervisory board particularly respects the personal decision by Rutger Wijburg to extend his contract only until March 2026," Chairman of the Supervisory Board Herbert Diess said.
The contract of Chief Marketing Officer Andreas Urschitz will be renewed for five years, until May 31, 2030.
The contracts of both Wijburg and Urschitz--who have been members of the management board since 2022--would have expired in 2025, the company said.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
May 14, 2024 12:34 ET (16:34 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Six Sports Betting and iGaming Stocks Trading at a Discount
-
4 Predictions for Stocks and the Economy for the Second Half of 2024
-
What Broadening Rally? AI Stocks Dominate Again In Q2
-
After Earnings, Is Nike Stock a Buy, a Sell, or Fairly Valued?
-
Worst-Performing Stock ETFs of the Quarter
-
Top-Performing Stock ETFs of the Quarter
-
Q2 In Review and Q3 2024 Market Outlook
-
5 Stocks to Buy for 3Q 2024
-
Industrials: Sector Offers Investment Opportunities as Performance Lags Broader Market
-
Consumer Defensives: Even Amid Macro Pressures, Deals Permeate the Landscape
-
33 Undervalued Stocks
-
Utilities: Can the Stocks Keep the Rally Going?
-
Basic Materials: Following Index Decline, We See Many Long-Term Opportunities
-
Healthcare: Valuations Look Attractive In Most Industries
-
Financial Services: Amid Uncertainties, We See the Most Value In Banks and Credit Services
-
Consumer Cyclicals: Even With Anxiety Over Spending, We See Attractive Valuations