03. April 2018

The FEV Group Names Jürgen Koopsingraven as New CFO

Jürgen Koopsingraven to Take Over the Role of CFO within the FEV Group

Aachen, April 2018 – Effective April 1, Jürgen Koopsingraven will take over the global CFO role within the FEV Group. He will replace Sami Sagur, who is leaving the company on his own request.

In the past, Mr. Koopsingraven served as Head of Corporate Strategy for automotive supplier, KSPG Automotive, where he successfully led the development of the company. For the last 12 months, he served as Commercial Managing Director for the European FEV companies.

While maintaining financial stability, Koopsingraven will consistently pursue the path FEV has taken over the past few years – that of globally developing central areas and growing to meet future-related topics through company acquisitions.

"We are delighted to have found the ideal person to take over the CFO role in Mr. Koopsingraven. At the same time, we would like to thank Mr. Sagur for our reliable and successful collaboration over the past years," stated Professor Stefan Pischinger, President & CEO of the FEV Group.

About FEV
FEV is a leading international, independent service provider for hardware and software in vehicle and powertrain development, as well as the energy industry. The range of competencies includes the development and testing of innovative solutions up to series production and all related consulting services. The range of services for vehicle development includes the design of body and chassis, including the fine tuning of overall vehicle attributes such as driving behavior and NVH. FEV also develops innovative lighting systems and solutions for autonomous driving and connectivity. The electrification activities of powertrains cover powerful battery systems, e-machines and inverters. Additionally, FEV develops highly efficient gasoline and diesel engines, transmissions, EDUs as well as fuel cell systems and facilitates their integration into vehicles suitable for homologation. Alternative fuels are a further area of development. The service portfolio also includes tailor-made test benches and measurement technology as well as software solutions that allow efficient transfer of the essential development steps of the above-mentioned developments, from the road to the test bench or simulation. For defossilization of the entire energy value chain, FEV offers energy management and infrastructure solutions from a single source, which intelligently link and holistically optimize power and heat generation, mobility, and industry. The FEV Group currently employs 6500 highly qualified specialists in customer-oriented development centers at more than 40 locations on five continents.