PNE WIND AG: Dr. Jürgen Dambrowski to succeed Michael Ostwald as CFO of WKN AG

PNE WIND AG: Dr. Jürgen Dambrowski to succeed Michael Ostwald as CFO of WKN AG 

(DGAP-Media / 07.05.2014 / 14:14)

Husum, May 7, 2014 - WKN AG, a subsidiary of the PNE WIND Group,
strengthens its Management Board to meet the challenges in its new markets
as well as to meet the changing policy environment for the development of
wind energy.

Dr. Jürgen Dambrowski will take over as the successor to the previously
announced departing CFO Michael Ostwald as of July 1, 2014. The board
members Martinus Scherweit (CEO/ Markets & Projects) and Roland Stanze
(Purchasing & Sales) remain responsible for their respective areas.

Dr. Jürgen Dambrowski, born in 1954, is currently CFO of the paper business
area of SURTECO  SE and brings extensive finance experience with him. He
holds a doctorate degree in business administration and held over a twenty
year period various senior management positions at Robert Bosch GmbH in
Germany and abroad. Between 2005 and 2007, Dambrowski worked as CEO and CFO
of the companies Index Werke and Traub Drehmaschinen. After working for two
years as a Senior Executive Consultant, he became CFO of the finance
department of 2D Holding, which in December 2013 was sold to SURTECO SE.

Originally it was planned that Roland Stanze would assume the function of
CFO after the resignation of Michael Ostwald on July 1, 2014. Due to
variously changing market conditions the areas of Purchasing, Sales,
Project Financing and Strategic Partnerships will now be concentrated in a
separate board function.

WKN AG Company Profile

WKN AG has planned, installed and operated turnkey wind farms and solar
power systems in Germany since 1990. In addition, WKN AG is also
internationally represented by subsidiaries in numerous European countries,
South Africa and the US. Up to now, the company has initiated and realized
projects with a total of about 1,200 megawatts capacity.

The headquarters of the WKN-Group are located at the "House of Future
Energies", an established center of excellence for renewable energy sources
in Husum/Germany. 82.75 percent of WKN shares are owned by PNE WIND AG
located in Cuxhaven / Germany while 17.25 percent are held by private and
institutional shareholders.


Contact:
Contact:

PNE WIND AG
Rainer Heinsohn
Head of Corporate Communication
Tel:  +49(0) 47 21 - 7 18 - 453
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: Rainer.Heinsohn@pnewind.com


PNE WIND AG
Investor Relations
Scott McCollister
Tel:  +49(0) 47 21 - 7 18 - 454
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: Scott.McCollister@pnewind.com


Investor Relations
cometis AG
Ulrich Wiehle / Janis Fischer
Tel:  +49(0) 611 - 205855-64
Fax: +49(0) 611 - 205855-66 
E-mail: fischer@cometis.de


End of Media Release

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Issuer: PNE WIND AG
Key word(s): Energy

07.05.2014 Dissemination of a Press Release, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.

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Language:    English                                               
Company:     PNE WIND AG                                           
             Peter-Henlein-Straße 2-4                              
             27472 Cuxhaven                                        
             Germany                                               
Phone:       04721 / 718 - 06                                      
Fax:         04721 / 718 - 200                                     
E-mail:      info@pnewind.com                                      
Internet:    http://www.pnewind.com                                
ISIN:        DE000A0JBPG2, DE000A0B9VG7, , DE000A1EMCW3, ,         
             DE000A0Z1MR2, , DE000A1R0741                          
WKN:         A0JBPG, A0B9VG, , A1EMCW, , A0Z1MR, , A1R074          
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
             Stuttgart                                             
 
 
End of News    DGAP-Media  
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267011 07.05.2014                                                      
 
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