Munich, July 9, 2020 – The Supervisory Board of MTU Aero Engines AG has extended the contract for Chief Program Officer Michael Schreyögg for a further five years until the end of June 2026. The decision was made unanimously by way of written circular resolution. “We are pleased that we can continue in these difficult circumstances to rely on the many years of MTU and industry experience of Michael Schreyögg and his strong network with customers and partners,” said Supervisory Board Chairman Klaus Eberhardt.

Schreyögg has been a member of the MTU Executive Board since July 2013 and at the company since 1990. As Chief Program Officer he oversees program management, marketing and sales and the global service locations of MTU.