Corporate Governance

Management Board

Thomas Müller

CEO
Thomas Müller

Thomas Müller

CEO

Chairman of the Management Board of HENSOLDT AG (CEO)

Thomas Müller is chairman of the Management Board of HENSOLDT AG and has been the  company’s CEO since 2020. Prior to the change of HENSOLDT’s legal form, Mr. Müller had been managing director and CEO of HENSOLDT GmbH since March 2017. From 2014 to 2015, Mr. Müller held several managing positions at Airbus DS and was appointed managing director of Airbus Defence Electronics in October 2015. Mr. Müller worked for Astrium for eleven years, among others as CFO of Astrium GmbH. Previously, he acted in various management positions at EADS Systems & Defence Electronics and Deutsche Aerospace AG (DASA). Thomas Müller obtained a degree in economics and business administration from the University of the German armed forces in Hamburg.

Christian Ladurner

CFO
Christian Ladurner

Christian Ladurner

CFO

Member of Management Board of HENSOLDT AG (CFO)

Mr. Christian Ladurner is a member of the Management Board of HENSOLDT AG and has been the company´s CFO since July 2022. Mr. Ladurner has been Head of Group Controlling and Investor Relations at HENSOLDT AG and its predecessor organizations since October 2015. Previously, he held various leading positions at Airbus Defence and Space GmbH. After his officer’s education at the Federal Armed Forces, he began his professional career in 2005 at the Bundeswehr School of Information Technology. Mr. Ladurner is a graduate in business management (“Diplom Kaufmann (univ.)”) and holds a Master of Business Administration from Henley Business School in Henley-on-Thames.

Celia Pelaz

CStO
Celia Pelaz

Celia Pelaz

CStO

Member of the Management Board of HENSOLDT AG (CStO)

Celia Pelaz Perez is a member of the Management Board of HENSOLDT AG and has been the company´s CStO since July 2021. As Chief Strategy Officer, she is responsible for the strategic positioning of HENSOLDT as well as its business development. Additionally, she continues to lead the Spectrum Dominance and Airborne Solutions division as well as HENSOLDT Ventures, responsibility which she took over in April 2018.

Prior to that, she was the Head of Strategic Business Development at HENSOLDT following her position as Head of Transformation and Corporate Functions at Airbus Defence and Space Electronics, which she was appointed to in July 2014. Before this, she worked as Head of Portfolio Bid Management for Mission Systems (UAVs and mission critical avionics).

During her 14 years of service at Airbus, Mrs. Pelaz Perez also lived in Brazil where she worked as Programme and Campaign Manager for public security programms, making a major contribution to setting up the company in Brazil. Prior to her assignment abroad, she worked in several positions as project, bid and sales manager in the field of defence electronics.

Celia Pelaz Perez holds a Bachelor's degree in Industrial Engineering from the Cámarabilbao University Business School.

Dr. Lars Immisch

CHRO
Dr. Lars Immisch

Dr. Lars Immisch

CHRO

Member of Management Board of HENSOLDT AG (CHRO)

Dr. Lars Immisch is a member of the Management Board of HENSOLDT AG and has been the company´s CHRO since October 2022. Dr. Immisch has been Executive Vice-President Human Resources at Airbus Defence & Space GmbH since January 2014. Previously, he held various leading positions at Airbus and its predecessor companies. After studying law at the Friedrich Schiller University in Jena and working as a research assistant at the Friedrich Schiller University in Jena, he began his professional career in 1999 at Airbus (DASA/EADS) as Manager Human Resources. Dr. Immisch is a fully qualified lawyer and holds a doctorate in law from the Friedrich-Schiller University in Jena.

Supervisory Board

Johannes P. Huth

Johannes P. Huth

Chairman of the Supervisory Board of HENSOLDT AG

Johannes P. Huth is a Partner at KKR, Head of KKR’s operations in EMEA and member of the firm’s Management Committee. Prior to joining KKR, Mr. Huth was a member of the Management Committee of Investcorp. From 1986 to 1991, he worked at Salomon Brothers as Vice President for M&A in London and New York. Besides his position as Chairman of the Supervisory Board, Mr. Huth is currently a member of the boards of Axel Springer SE and Coty Inc. He completed a BSc with Highest Honors at the London School of Economics and an MBA at the University of Chicago.

Armin Maier-Junker*

Armin Maier-Junker*

Vice-Chairman of the Supervisory Board of HENSOLDT AG

Mr. Maier-Junker has been vice-chairman of the Supervisory Board of HENSOLDT AG since 2020. Mr. Maier-Junker has been a member of the works council of the company’s Ulm site since 1987 and Chairman of the Ulm committee since 2013. At that time, the company operated under the names AEG-Telefunken, Telefunken Systemtechnik, DASA, EADS, Airbus Defence and Space, among others. During this time, Mr. Maier-Junker was temporarily a member of the supervisory board of Telefunken Systemtechnik GmbH and Airbus Defence and Space GmbH. Since 2016 he has been chairman of the general works council of HENSOLDT Sensors GmbH and since 2017 chairman of the group works council of HENSOLDT Holding GmbH. From 1978 to 1982, Mr. Maier-Junker completed two industrial-technical apprenticeships as a communications equipment mechanic and radio electronics technician at AEG-Telefunken with successful skilled worker examinations. From 2004 to 2005, he studied social policy, labor and social law and economics at the Goethe University in Frankfurt within the framework of the “Akademie der Arbeit”.

*: Employee representative

Dr. Jürgen Bestle*

Dr. Jürgen Bestle*

Dr. Jürgen Bestle has been a Member of the Supervisory Board of HENSOLDT AG since May 2021, representing the executive employees. Dr. Bestle has been CTO (Chief Technology Officer) and Head of Engineering Governance of HENSOLDT AG, as well as Head of Design Organisation of HENSOLDT Sensors GmbH. He started his professional career at Daimler-Benz Aerospace AG in 1997 and held various engineering management and chief engineering positions at Ulm and Toulouse. Dr. Bestle holds a Ph.D. degree in quantum physics from the University of Ulm.

*: Employee representative

Jürgen Bühl*

Jürgen Bühl*

Jürgen Bühl has been Member of the Supervisory Board of HENSOLDT AG since 2020. Mr. Bühl has been member of both HENSOLDT Sensors GmbH’s and HENSOLDT Holding GmbH’s Supervisory Board since 2017. Since 2012, Mr. Bühl has held different positions at the headquarters of IG Metall; he is currently head of the department Coordination of Industrial Sector Policies. Prior to that, Mr. Bühl served as director for planning processes and communications as well as managing director. Mr. Bühl worked in various positions in the field of public relations and communications, after he started his professional career as an employee of the Social Democratic Party of Germany (SPD) in Munich in 1992. Mr. Bühl holds a Master of Arts in political science, communication science, and sociology from the Ludwig-Maximilians University in Munich.

*: Employee representative

Letizia Colucci

Letizia Colucci

Mrs. Colucci has been a member of the Supervisory Board of HENSOLDT AG since May 2022. She has been General Manager at the Med-Or Leonardo Foundation since 2021. Mr. Colucci has over 30 years of experience in the defense and aerospace industry due to her various positions in Leonardo Group companies and other companies in the defense and aerospace industry. From 2013 to 2021, Mrs. Colucci was Secretary General at Telespazio S.p.A. She has a degree in law from the University Federico II in Naples.

Achim Gruber*

Achim Gruber*

Mr. Gruber has been a member of the Supervisory Board of HENSOLDT AG since May 2021 and Chairman of the Works Council of HENSOLDT Optronics GmbH since January 2021. Since 2016 member of works council, he was elected first deputy chairman of the works council of HENSOLDT Optronics GmbH in 2018. Mr Gruber has held various positions in the Customer Service department at HENSOLDT Optronics GmbH. Most recently, he was a team leader in Customer Service for Service Management at HENSOLDT Optronics GmbH. He began his professional career in 1986 at Messerschmitt-Bölkow-Blom GmbH in Kirchheim Teck-Nabern. He has a background as trained insurance salesman.

*: Employee representative

Ingrid Jägering

Ingrid Jägering

Ingrid Jägering has been Member of the Supervisory Board of HENSOLDT AG since 2020. Since 2017, she has been member of the supervisory board of HENSOLDT Holding GmbH. Since 2022, Mrs. Jägering has been a member of the Management Board and CFO at Stihl Holding AG & Co. KG. From 2019 until 2022, Ms. Jägering has been member of Leoni’s management board and the company’s CFO and labor director. Until 2019, she served as executive vice president, CFO, managing director, and labor director at OSRAM Opto Semiconductors. From 2012 until 2016, Ms. Jägering was vice president and CFO for the business units turbo machinery and power plants of MAN Diesel & Turbo SE. Ms. Jägering started her professional career at Siemens in 1988, where she held various management positions in Germany and abroad until 2012, including, among others, executive vice president, CFO, and managing director at Siemens Wind Power AS in Denmark.

Marion Koch*

Marion Koch*

Marion Koch has been member of the Supervisory Board of HENSOLDT AG since 2020. Since 2017, she has been member of the works council of HENSOLDT’s Immenstaad site and the group works council. Ms. Koch currently works at HENSOLDT as project manager for airborne, space & ISR radars. From 2006 until 2017, she worked at Airbus/EADS Deutschland. Prior to that, she worked at Dräger Aerospace, ASTRIUM and Junghans Uhren. Ms. Koch studied biomedical engineering in Wilhelmshaven and mechanical engineering in Dundee, United Kingdom.

*: Employee representative

Giovanni Soccodato

Giovanni Soccodato

Mr. Giovanni Soccodato has been a member of the Supervisory Board of HENSOLDT AG since May 2022. He is Chief Strategic Equity Officer of Leonardo S.p.A. since July 2019. After almost 20 years in Aerospace and Defence businesses in the Group, since 2005, Mr. Soccodato covered different roles as Executive Vice President of Strategy at Finmeccanica. With the appointment of Chief Strategy and Innovation Officer of Leonardo, he also became responsible for the coordination of Research and Development, Innovation and Engineering best practices. Mr. Soccodato graduated in Computer Science from the University of Pisa.

Julia Wahl*

Julia Wahl*

Julia Wahl has been member of the Supervisory Board of HENSOLDT AG since 2020. Since 2019 she has been member of the supervisory board of HENSOLDT Holding GmbH. Since 2018, Ms. Wahl has been personal assistant to the district manager of IG Metall Baden-Württemberg. She served as personal assistant to the general works council and group works council of Porsche from 2016 until 2018. Ms. Wahl was a campaign assistant for the 2016 state elections in Baden-Württemberg, Germany. Prior to that, she started her professional career at Vodafone Stiftung in 2014. Ms. Wahl holds a BA in German and Slavonic studies from the Humboldt University in Berlin and a MSc in European economic integration from the University of Leipzig.

*: Employee representative

Hiltrud Werner

Hiltrud Werner

Ms. Hiltrud Dorothea Werner has been a member of the Supervisory Board of HENSOLDT AG since September 2022. She has been Chairwoman of the Supervisory Board of Mitteldeutsche Flughafen AG since November 2021. The governance and sustainability expert actively supports women in their professional development in many networks and is also involved on a voluntary basis in foundations and the SPD Economic Forum. Her professional career in the automotive industry included positions in Germany and abroad at BMW AG, MAN SE, ZF Friedrichshafen AG and Volkswagen AG. There, she was most recently the Board Member for Integrity and Legal Affairs from 2017 to 2022. Ms. Werner studied economics with a focus on business information systems at Martin Luther University Halle-Wittenberg.

Reiner Winkler

Reiner Winkler

Mr. Reiner Winkler has been a member of the Government Commission on the German Corporate Governance Code since 2020. He has been a member of the Supervisory Board of HENSOLDT AG since May 2022. Mr. Winkler has been Chairman of the Board of Management of MTU Aero Engines AG since 2014. He began his professional career in 1985 at Siemens AG. Since 2001, Mr. Winkler has been with MTU Aero Engines AG, where he has held various management positions. He studied business administration at Philips University in Marburg.

Committees

Presidial Committee

The Presidial Committee consists of the following members of the Supervisory Board:

Jürgen Bühl*

Johannes P. Huth

Armin Maier-Junker*

Reiner Winkler

*: Employee representative

Audit Committee

The Audit Committee consists of the following members of the Supervisory Board:

Ingrid Jägering

Marion Koch*

Giovanni Soccodato

Julia Wahl*

*: Employee representative

Compliance Committee

The Compliance Committee consists of the following members of the Supervisory Board:

Dr. Jürgen Bestle*

Letizia Colucci

Achim Gruber*

Hiltrud Werner

*: Employee representative

Mediation Committee

The Mediation Committee consists of the following members of the Supervisory Board:

Jürgen Bühl*

Johannes P. Huth

Armin Maier-Junker*

Reiner Winkler

*: Employee representative

Nomination Committee

The Nomination Committee consists of the following members of the Supervisory Board:

Johannes P. Huth

Ingrid Jägering

Giovanni Soccodato

Reiner Winkler

*: Employee representative

Related Party Transactions Committee

The Related Party Transactions Committee consists of the following members of the Supervisory Board:

Jürgen Bühl*

Armin Maier-Junker*

Hiltrud Werner

Reiner Winkler

*: Employee representative

Declaration of Conformity

Here you find the English version of HENSOLDT’s declaration of conformity

Compliance Statement

The compliance statement of HENSOLDT AG can be viewed here:

Code of Conduct and ESG

HENSOLDT is not only dedicated to ESG, but we firmly anchored ESG in our culture and have the full commitment of the entire organization. We launched a holistic sustainability programme in line with multinational guidelines and set ourselves ambitious ESG targets.

As part of our sustainability programme we put in place a comprehensive strategic framework that defines our initiatives within the areas of Environmental, Social and Governance. While we are intensively working on an update of our sustainability webpage, selected matters below will already give an impression on HENSOLDT’s ESG approach.

HENSOLDT’s long-term success as a business is based on the principles of cooperation, excellence, responsibility and innovation. These are values that apply to all our employees globally.

HENSOLDT’s Code of Conduct provides the basic rules for good and respectful cooperation within the company as well as with customers, suppliers and other partners. It also forms the basis of protecting ourselves against corruption and other violations of the law.

The company’s excellence is furthered by the high quality strategy and policy, which are implemented through effective business and quality management as well as efficient configuration and data management.
HENSOLDT also assumes responsibility for risk management and its employees, as well as for the environment and society it operates in.

In addition to competitive working conditions and appropriate remuneration, HENSOLDT offers and promotes diversity and equal opportunities within the company. With the company’s strong presence in South Africa, HENSOLDT is also aware of its role as a responsible employer in the country. Local engineers are supported in their training and further education in order to offer them a long-term opportunity in their home country.

The conscious use of resources and proper disposal of hazardous substances to protect the environment and climate is a priority in all areas.

In particular, HENSOLDT focuses on energy reduction and measures to avoid and reduce emissions. The measures taken include reducing waste volumes and the use of paper and dangerous materials as well as comprehensive hazardous substance management, including risk assessments. Compliance with all legal and operational regulations is strictly monitored, and the REACH requirements (Registration, Evaluation, Authorization and Restriction of Chemicals) have been successfully implemented.

As a member of various organisations, forums and seminars, HENSOLDT assumes responsibility for the society it operates in. For example, the company is a member of the Federal Association of the German Security and Defence Industry, the Federal Association of the German Aerospace Industry and the Munich Security Conference – to name just a few.

For further information, please visit our corporate website:

Corporate Sustainability

Remuneration System

Remuneration System of the Management Board

Remuneration System of the Supervisory Board

Report of the Supervisory Board

Here you find the English version of HENSOLDT’s Report of the Supervisory Board. Please note this is a non-binding convenience translation.

Rules of Procedure

Here you find the English version of HENSOLDT’s Rules of Procedure for the Supervisory Board. Please note this is a non-binding convenience translation.

Articles of Association

Here you find the HENSOLDT’s articles of association.

Managers Transactions

There were no reportable securities transactions performed in 2023.
Publication date Name Transaction type Financial instrument Date of transaction
11/25/2022 Lars Immisch Acquisition Share 11/25/2022 More
11/16/2022 Lars Immisch Acquisition Share 11/16/2022 More
09/20/2022 Christian Ladurner Acquisition Share 09/20/2022 More
06/30/2022 Reiner Winkler Acquisition Share 06/29/2022 More
04/05/2022 Ingrid Jägering Sell Share 04/04/2022 More
Publication date Name Transaction type Financial instrument Date of transaction
09/27/2021 Thomas Müller Acquisition Share 09/27/2021 More
06/30/2021 Peter Fieser Acquisition Share 06/28/2021 More
06/29/2021 Thomas Müller Acquisition Share 06/23/2021 More
06/15/2021 Thomas Müller Acquisition Share 06/14/2021 More
05/10/2021 Thomas Müller Acquisition Share 05/10/2021 More
Publication date Name Transaction type Financial instrument Date of transaction
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
10/13/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 10/08/2020 More
09/29/2020 Ingrid Jägering Acquisition Share 09/24/2020 More
09/28/2020 Ingrid Jägering Acquisition Share 09/24/2020 More
09/28/2020 R&H Trust Co. (Guernsey) Limited handelnd als Trustee des Mon Repos (Guernsey) Trust Acquisition Share 09/24/2020 More
09/28/2020 Wolfgang Ischinger Acquisition Share 09/25/2020 More