Mr. Eulitz, Chairman of the Executive Board of Knorr-Bremse AG, resigns in mutual agreement. The Supervisory Board has initiated the search for a successor. In the interim, the remaining members of the Executive Board – Dr. Peter Laier, Frank Markus Weber, and Dr. Jürgen Wilder – will take over the responsibilities of Mr. Eulitz for the transitional period.

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Barbara L. Gould Director, Corporate Communications NA
Knorr-Bremse CEO Bernd Eulitz Leaves The Company Effective August 31, 2020
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