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Munich, 22. July 2015 - MTU Aero Engines AG’s Supervisory Board today unanimously voted to extend the contract with Chief Program Officer Michael Schreyögg. The new, five-year contract will run from July 1, 2016. In July 2013, Michael Schreyögg took on the responsibility for MTU’s commercial and defense OEM programs, including series and spare parts, supply chain and information technology. At the beginning of 2015, the Sales and Marketing business of MTU Maintenance was integrated into his board function.

A graduate in mechanical engineering, he joined MTU in 1990. During his professional career, he held several senior managerial positions, heading various commercial and military engine programs, before he assumed the responsibility for all of the company’s defense programs since 2008.

About MTU Aero Engines
MTU Aero Engines AG is Germany's leading engine manufacturer. The company is a technological leader in low-pressure turbines, high-pressure compressors, turbine center frames as well as manufacturing processes  and repair techniques. In the commercial OEM business, the company plays a key role with the development, manufacturing and marketing of high-tech components together with international partners. In the commercial maintenance sector the company ranks among the top 5 service providers for commercial aircraft engines and industrial gas turbines. The activities are combined under the roof of MTU Maintenance. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines operated by the country's military. MTU operates a network of locations around the globe; Munich is home to its corporate headquarters. In fiscal 2014, the company had a workforce of some 9,000 employees and posted consolidated sales of approximately 3.9 billion euros.