Joachim Kaltmaier becomes Member of the Central Managing Board of the Würth Group

Künzelsau. Joachim Kaltmaier (46) becomes Member of the Central Managing Board of the Würth Group as of 15 April 2008. He is going to assume responsibility for the field of finance and accounting.

He thus succeeds Dr. Roland Hartmann (47) who will leave the company after 13 years of successful work at his own request on 30 April 2008. On behalf of the members of all management boards of the Group, the Chairwoman of the Advisory Board of the Würth Group Bettina Würth thanks Dr. Roland Hartmann for his longstanding and always committed work for the Würth Group.

Dr. Roland Hartmann has been in charge of finance and accounting of the entire Würth Group over many years. In this decisive position he has always shown great management qualities, expert knowledge as well as loyalty to the company. The company regrets the decision of Dr. Hartmann and wishes him all the best for his professional future.

Joachim Kaltmaier has been working as partner at the public accountant Ernst & Young. He is public accountant and tax consultant and has been accompanying the Würth Group as such for many years. Therefore, he is going to add a lot of know-how to his new field of responsibility.

Already in September 2007, the Würth Group had announced another change in the Central Managing Board. As of 1 January 2009, Peter Zürn, Chairman of Adolf Würth GmbH & Co. KG so far, is going to be appointed member of the Central Managing Board of the Würth Group. With this, he will succeed Rolf Bauer, longstanding member of this board who is going to leave for retirement, in office.

The Central Managing Board – comparable to the board of directors of a group holding company – is the top-level decision-making body in the Würth Group and consists of five members. Its most important tasks include strategic planning, the selection of executive personnel, and the operational management of strategic business units and functional areas. Further members of the Central Managing Board of the Würth Group are Robert Friedmann (chairman), Rolf Bauer (vice chairman), Dr. Reiner Specht and Dr. Harald Unkelbach.

About the Würth Group

The Würth Group, which has a market-leading position in its core business, the worldwide trade in assembly and fastening materials, is active in 86 countries with over 400 companies and generated sales of EUR 8.5 billion in the fiscal year of 2007, currently having over 63,000 employees on its payroll.