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Leica Appoints Ronald Marcel Peters as new CFO

MR. RONALD MARCEL PETERS APPOINTED NEW CFO OF LEICA CAMERA AG

Solms, Germany (March 13, 2012) – The Supervisory Board of Leica Camera AG appointed Mr. Ronald Marcel Peters (49) as the new Chief Financial Officer of Leica Camera AG. Born in the Netherlands, Mr. Peters will be assuming the functions of Mr. Andreas Lobejäger (47) beginning April 1, 2012. Mr. Lobejäger has occupied this position with enormous success since September 2007 but will be leaving the company at his own request on March 31, 2012. The members of the Executive and Supervisory Boards deeply regret his decision to leave and would like to thank Mr. Lobejäger for his valuable contribution to the success of the company in recent years.

“Mr. Lobejäger took on the responsibilities of CFO in a difficult period for our company,” said Dr. Andreas Kaufmann, Chairman of the Supervisory Board. “He played a crucial role in the restructuring and turnaround of the company, and his contribution was instrumental in enabling Leica Camera AG to achieve profitability and record revenues in 2011. As such, Mr. Andreas Lobejäger has more than earned our praise and appreciation.”

Mr. Ronald Marcel Peters will be bringing to the role numerous years of experience in controlling and management in the financial and IT segments and the optical industry. Until recently, he held the position of CFO at Leica Microsystems GmbH in Wetzlar, the leading manufacturer of microscopes and scientific instruments, a company with which Mr. Peters has been involved almost continuously since 1998.

Previously, Mr. Peters held the position of CFO at Hach Lange Europe, a laboratory and online water analysis specialist. Both Leica Microsystems GmbH and Hach Lange Europe belong to the Danaher Corporation in Washington D.C., USA. Before this, his career included various functions in controlling within the packaging industry.

“With the appointment of Mr. Ronald Marcel Peters, the Executive Board has now gained an experienced financial expert as a new colleague who is well versed in the needs of the optical industry. He is also very familiar with the city of Wetzlar, the location of our future company headquarters,” stated Mr. Alfred Schopf, Chairman of the Executive Board at Leica Camera AG. “My fellow Board member, Mr. Markus Limberger, and I look forward to continuing the successful course taken by Leica Camera AG together with Mr. Peters.”

About Leica Camera
Leica Camera AG is an internationally active, premium-segment manufacturer of cameras and sport optics products. The legendary status of the Leica brand is founded on a long tradition of excellence in the construction of lenses. And today, in combination with innovative technologies, Leica products continue to guarantee better pictures in all situations in the worlds of visualization and perception.

Leica Camera AG has its headquarters in Solms, in the state of Hesse in Germany, and a second production site in Vila Nova de Famalicão, Portugal. The company operates branch offices in England, France, Japan, Singapore, Switzerland, South Korea and the USA. New and innovative products have been the driving force behind the company’s positive development in recent years.

 

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