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4910 Ried im Innkreis
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Change in the Management Board effective October 1st Ried im Innkreis, 27th September 2022 - The Supervisory Board of FACC AG appointed today Mr. Zhen Pang as a new member of the Management Board (CCO) with effect from 1st October 2022. Mr. Pang follows Mr. Yongsheng Wang, who will be dismissed with effect from 30th September 2022, and takes over the responsibilities of Mr. Wang (Internal Audit, China Business Relations and Risk Management).
Mr. Jian Wang (Chairman of the Supervisory Board of FACC AG) is very pleased about the appointment of Mr. Pang, who brings with him extensive experience in the aviation industry, especially in UK and the US. On behalf of the entire Supervisory Board and the Management Board colleagues, he thanks Mr. Yongsheng Wang for his many years of excellent work and the resulting successes for the company and wishes him all the best for the future.
FACC is a worldwide leading aerospace company in design, development and production of aerospace technologies and advanced aircraft lightweight systems. Being the technology partner of all major manufacturers, FACC works together with its customers on developing solutions for the mobility of the future. Every second, there is an aircraft taking off with FACC technology on board. In the fiscal year 2021, FACC achieved 497.6 million Euro in revenues. Approximately 3,000 people from 41 nations are employed at 13 international locations worldwide. FACC is listed on the Vienna Stock Exchange and part of the Fortune-500 Group AVIC, providing access to the largest growth markets within the industry. For more information please visit facc.com.
Michael Steirer Vice PresidentControlling / Investor Relations / Enterprise Risk Management
Tel.: +43/59/616-1468Cell: +43/664/80-119-1468E-Mail: email@example.com