Rheinmetall : Susanne Wiegand appointed to Executive Board of Rheinmetall Defence
February 01, 2018 at 04:45 am EST
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Effective 1 March 2018, Susanne Wiegand, 45, has been appointed to the Executive board of Rheinmetall Defence with special responsibility for the Electronics Solutions division. She has simultaneously been named Chair of the Board of Management of Rheinmetall Electronics GmbH in Bremen. In both posts she succeeds Gordon Hargreave. As a member of the Rheinmetall Defence Executive board Mr Hargreave is now tasked with expanding the company's international operations in Asia and establishing a new hub in the region.
From April 2007 to December 2017, Susanne Wiegand served as managing director of the German Naval Yards (GNY) shipyards group. In this capacity, she successfully welded three longstanding shipyards - German Naval Yards Kiel (the former HDW-Gaarden), Nobiskrug and Lindenau - into a single shipbuilding group. In addition to this, Ms Wiegand was responsible for GNY's defence operations as well as serving as group CFO. Prior to taking the helm at GNY, Ms Wiegand - a business administration graduate - worked in management consulting, at T-Systems and at Thyssen Krupp Marine Systems (TKMS).
In her new post at Rheinmetall, she will be responsible for the Electronic Solutions division, which encompasses Rheinmetall Defence's electronic components and systems solutions as well as its air defence operations and simulation and training activities. Last year, the division's 3,000 employees generated sales of approximately €700 million. Besides Bremen, the Electronic Solutions division has major locations and subsidiaries in Zürich and Rome as well as in the U.S., Scandinavia, Australia and Asia. Among other things, the division supplies the German Bundeswehr with the Future Soldier System as well as vital electronic components for vehicles and complete simulation systems. Furthermore, the division is responsible for operating the German Army's Combat Training Centre in the Altmark district of Saxony-Anhalt.
Rheinmetall AG published this content on 01 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2018 09:44:02 UTC.
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Rheinmetall AG specializes in the design, manufacture and marketing of equipment, components and solutions for the military and civilian industries. Net sales break down by family of products as follows:
- vehicle systems (35.1%): multi-purpose wheeled and tracked vehicles (tactical military vehicles, support vehicles, logistics vehicles and special vehicles);
- sensors and actuators (20.5%): actuators, exhaust gas recirculation systems, throttle valves, exhaust gas dampers for electric motors, solenoid valves, pumps, etc. used in thermal and fluid management applications in the mobility and industrial sectors;
- weapon and ammunition systems (19.5%): automatic cannons for land, air and sea vehicles, smooth-bore weapons, artillery systems, smart projectiles, high-energy lasers, etc.;
- electronic solutions (13%): sensors and networking systems, cyberspace protection solutions, air defense systems, radar systems, technical documentation solutions, integrated electronic systems, drones and automated ground robots, training and simulation solutions;
- engine components and systems (11.6%);
- other (0.3%).
At the end of 2022, the Group had 132 production sites worldwide.
Net sales are distributed geographically as follows: Germany (29.5%), Europe (35.7%), Asia and Middle East (16.3%), Americas (9%) and other (9.5%).