Nürtingen, Germany (January 31, 2020)

The entire team at hofer powertrain is proud to welcome Dr. Alexander NÄSER  as the new CFO as of January 1, 2020. Highly experienced in the world of finance in a technology-driven company, NÄSER is responsible for overseeing the company's financial operations, which includes responsibility for the IT, HR, and Purchasing department.

Dr. NÄSER, who was previously Vice President Finance&Controlling Business Unit Automotive OEM at MANN+HUMMEL, commented: "I want to thank Franz VOIT for all he has done in his seven years as CFO and for his collaborative approach. During his time on the board of directors, hofer powertrain has consequently followed the path of a development service provider to a system developer and supplier. I wish to continue this strategy while applying my expertise to generate sustainable growth for our Group."

The CEO and founder, Mr. Johann Paul HOFER, added: "Our goal is to deliver the most efficient powertrain solution, and I believe Dr. Alexander NÄSER is the right person for the next steps to implement the future today."

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