Binnig To Leave Rheinmetall Automotive AG

After 20 years in the automotive sector and on Rheinmetall Group’s executive board, Horst Binnig has asked the company’s supervisory board to be released, for personal reasons, as chairman of the executive board of Rheinmetall Automotive AG and as a member of the executive board of the group holding company Rheinmetall AG. He will retire by the end of 2019.

The company’s products include emission control and pumps and the manufacture and aftermarket supply of pistons, engine blocks. After working for the KACO Group and Hengstler GmbH, Binnig joined the Automotive sector of the Rheinmetall Group in 1999 where he was initially in charge of corporate development and then headed the Automotive subsidiary KS

Aluminium-Technologie. During this time, he was also instrumental in setting up the Group’s second major joint venture with SAIC (Shanghai Automotive Industry

Corporation) in China.

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