Infineon Technologies AG said it plans to extend the contracts of Chief Executive Officer Jochen Hanebeck and Chief Financial Officer Dr. Sven Schneider ahead of schedule, signaling continuity in the company’s leadership and long-term strategic direction. Hanebeck’s contract is set to be extended through the end of March 2032, while Schneider’s term would run until the end of April 2032. Without the planned extensions, their contracts would have expired on April 1, 2027 and May 1, 2027, respectively. Infineon said the Supervisory Board is expected to pass the formal resolution in May.
“Infineon Technologies AG is in very capable hands, which is why we are establishing clarity about the company’s long term direction at an early stage,” said Dr. Herbert Diess, Chairman of Infineon’s Supervisory Board. He pointed to investments in technological strength and a continued focus on competitiveness, adding that Hanebeck, together with Schneider and the Management Board, has positioned the company for the future and will continue on a path of profitable growth.
Hanebeck said the company intends to capitalize on future opportunities in areas such as artificial intelligence, software-defined vehicles and humanoid robotics, emphasizing the importance of translating innovation into customer value at speed. He thanked the Supervisory Board for its support in maintaining the current course.
Schneider highlighted Infineon’s combination of financial stability and a strategy centered on profitable growth, noting that the approach has helped the company perform well even amid macroeconomic uncertainty. He said he looks forward to continuing to build sustainable value for Infineon and its shareholders alongside the broader team.
Original – Infineon Technologies