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SMA confirms contract renewal for CTO Olaf Heyden

The company’s decision to extend Heyden’s contract underscores the ongoing restructuring and transformation programme he has led since joining SMA in September 2024.

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“The Supervisory Board has sent a clear message by deciding to extend the contract of Olaf Heyden: continuity in this key position is essential to successfully drive forward the implementation of the restructuring and transformation. At the same time, the extension is an important signal of stability to employees, customers and investors,” said Dr Ralph Lässig, Chairman of the Supervisory Board at SMA. (hcn)