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AEG-POWER-SOLUTIONS

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AEG Power Solutions Announces the Fulfillment of Its Senior Leadership Team

AEG Power Solutions (FWB:3W9K), a global provider of power supply solutions and service for critical infrastructure, has strengthened its management team with the appointments of Dr Christian Roth, as Chief Operating Officer (COO), Keiran Coulton as VP & General Manager Global Affiliates Sales and Roger de Vries as Chief Financial Officer (CFO) of the Group.

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Christian Roth and Keiran Coulton join the group with in-depth experience in industrial and power supply businesses. Christian Roth brings 20 years of experience, built in various industries in Europe and South America. In this time, he developed an expertise in operations management, strategy development of large and mid-size business in an international context. As COO he will drive AEG Power Solutions worldwide operations activities as well as Research & Development and Application Engineering worldwide. In his role he reports to Jeffrey Casper, AEG PS CEO.

Keiran Coulton joins AEG PS from General Electric where he was responsible for the Power Conversion Industry division and achieved the repositioning of the business. A truly Global Senior leader, he lived and worked in Asia, the US and Europe. With over 25 years in various management positions at Rockwell automation and GE, Keiran Coulton brings a wealth of experience in developing and growing businesses through the implementation of best practice. As VP & General Manager Global Affiliates Sales, Keiran Coulton is in charge of all affiliates sales organizations of the Group.

Roger de Vries has accepted the role of CFO. Roger brings an in-depth experience in finance and management. Roger joined the company in 2009 as Manager Group accounting of AEG PS.
“I am delighted that Christian Roth and Keiran Coulton have agreed to join AEG PS group. They bring a wealth of experience and perspective that will directly impact the key markets we serve in critical infrastructure. They are joining us at a very crucial step in the company turnaround process started 18 months ago, explains Jeffrey Casper, CEO. The development path we have entered now includes our transformation into a customer-centric, lean and flexible organization. Both are bringing us the required experience and the commitment to contribute to this evolution of our company. I’m very pleased to have them part of our management team. As CFO, Roger the Vries combines financial and management expertise with an in-depth knowledge of our Group. He played an instrumental role in the repositioning of AEG PS and his competence and loyalty to our group naturally makes him perfectly qualified to step into the role of CFO.”

Dr Christian Roth joins AEG PS from MT Aerospace AG as member of the board and Aerotech Peissenberg GmbH & Co. KG. as CEO in charge of aviation products, antennas and mechatronics in seven international production locations. Previously, he held for 8 years the position of Spokesman of the Management Board of Saarstahl AG/ Saarschmiede GmbH, in the steel industry, after 6 years of management roles at SGL Carbon Group. He experienced 3 years in Chile, as project manager at Hoechst de Chile and Clariant Colorquimica de Chile, a spin-off of the Hoechst Group where he had started his career in Frankfurt. Dr Christian Roth holds a degree in Geoscience from Würzburg University and a PHD in Logistics performed at the Fraunhofer Institut, Dortmund and Hoechst AG, Frankfurt

Keiran Coulton joins from General Electric Group where he has been President of General Electric Power conversion for the past 5 years which he turned into a successful and profitable solution provider business. He came to GE from Rockwell automation, where he lastly was President of the Asia Pacific Region in charge of the whole of Rockwell Automations Asia businesses, after over 20 years as senior VP Global Sales and Marketing for the Group. Keiran Coulton started his career as an Area Sales Engineer at MTE after 8 year of engineering service in the Royal Navy. Keiran Coulton holds a degree of Electrical and Electronic Engineering from the City College of Southampton (UK).

Roger de Vries was formerly VP Reporting and Control of AEG Power Solutions. He had joined the company as Manager Group accounting in 2009 when it became public. He came from SES New Skies Satellites where in his last role he had been Director Business reporting for the 5 previous years. His earlier experiences combine the position of Regional Finance Controller at Rockwell Automation in Brussel, and Director of Financial accounting of AT&T Unisource Communication Services (AUCS) / Amsterdam. Roger de Vries started his career at Alcatel where he held several positions in accounting and reporting in Amsterdam and Paris, and Regional Financial Controller for Alcatel Business Systems in Brazil. Roger de Vries holds a Bachelor degree in Business economy from Hogeschool van Amsterdam.

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About AEG Power Solutions
AEG Power Solutions (AEG PS) Group is a global provider of power electronics systems and solutions for all industrial and demanding commercial power requirements offering one of the most comprehensive product and service portfolios in the area of uninterruptible power supply and power management.

Thanks to its distinctive expertise bridging both AC and DC power technologies and spanning the worlds of both conventional and renewable energy, the company creates innovative solutions for next generation distributed power generation.

AEG Power Solutions Group is the sole subsidiary of the holding company 3W Power S.A. (WKN A114Z9) / ISINLU1072910919), based in Luxembourg. The Group is headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9K).

For more information, visit www.aegps.com .

This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.

3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.

Contact:

AEG Power Solutions
Claire Pairault, Mobile: +33 6 19 60 91 64
Corporate Communications
Email:claire.pairault@aegps.com
or
Contact for Editors
Anja-Maria Hastenrath, Phone +49 (0)89 / 64913634-11
Cell +49 (0)171 1959330
embedded PR
ah@embedded-pr.com

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