16 June 2016
AB Dynamics plc
("ABD" or the "Company" )
Senior Management Appointment
Appointment of Commercial Director
AB Dynamics plc (AIM: ABDP) the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry, is pleased to announce that Klaus Weimart has been appointed to the Anthony Best Dynamics Ltd Operations Board as Commercial Director.
With 30 years' experience in the automotive test industry Klaus will join the Company in October 2016. Klaus was previously employed at CORRSYS-DATRON Gmbh, a Kistler company, where he was Managing Director of their International Operations and also Vice President of their North American operations. Klaus also served as CEO and President of CORRSY-DATRON's China Office and managed sales and technical support for the company's interests in Asia and India
As part of ABD's continued expansion of its global commercial strategy Klaus will be based in Germany to strengthen the Company's connections with the German car industry as well as bringing his considerable knowledge and experience to bear in dealing with the Asian markets and further developing the Company's operations in that region.
Tim Rogers, Managing Director of AB Dynamics said: "We are extremely pleased to have attracted a person of Klaus's calibre and experience to the Company. Having worked with us on many projects, Klaus is as well known to ABD as he is to the wider automotive industry and he is already familiar to our customers and current distribution partners worldwide.
Heading up the commercial team in the UK, Klaus will lead on developing broader collaborations in the automotive industry and will work to raise ABD's profile within the automation testing industry."
For further information please contact:
AB Dynamics plc Tim Rogers, Managing Director Tony Best, Chairman
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01225 860 200 |
Cairn Financial Advisers LLP (Nomad) Tony Rawlinson Liam Murray
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0207 148 7900 |
Cantor Fitzgerald Europe (Broker) David Foreman Phil Davies
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0207 894 7000 |
Newgate (PR) Adam Lloyd Helena Bogle |
0207 653 9850 |
Overview of AB Dynamics plc
ABD is a leading designer, manufacturer and provider of advanced testing and measurement products for vehicle suspension, brakes and steering to the global automotive research and development sector. The Group was founded in 1982 and listed on AIM in May 2013. The Group is headquartered in Bradford on Avon employing approximately 70 staff. ABD currently supplies all of the top twenty automotive manufacturers, including Honda, Toyota, Ford and Volkswagen, who routinely use the Group's products to test vehicle safety and dynamics.