Klaus Rinnerberger (Leoni)

Glasfaser

Nuremberg-based automotive supplier Leoni has nominated Austrian industrial manager Klaus Rinnerberger for the supervisory board. The 57-year-old currently sits on the board of automotive and motorcycle specialist Pierer Industrie, which has a stake of around ten percent in Leoni. Nevertheless, Rinnerberger is to be classified “as independent of the company and its Management Board”, according to the documents for the Annual General Meeting on May 19. In addition, the supervisory board has made sure “that he can devote the expected amount of time to fulfilling his mandate”. Klaus Rinnerberger also acts as chief controller and vice chairman of the supervisory boards of Pierer’s SHW and Pankl holdings.

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The designated newcomer is an experienced industry manager “who brings with him relevant management experience in the supplier industry,” said Supervisory Board Chairman Klaus Probst, commenting on the proposal. The industry expert’s professional background includes Polytec Holding and Magna Steyr, where he held executive board positions. If elected, Klaus Rinnerberger will replace restructuring expert Dirk Kaliebe, who only joined the Leoni Supervisory Board in August 2020. Kaliebe was Chief Financial Officer of Heidelberger Druckmaschinen AG and now works as a consultant.