Thomas Hetmann steps down as Managing Director of LION Smart GmbH leaving Winfried Buss as sole Managing Director
Baar (CH), November 30, 2021: LION Smart GmbH, a wholly owned subsidiary of LION E-Mobility AG and developer of electrical energy storage and lithium-ion battery system technology, confirmed today, that Thomas Hetmann steps down as Managing Director of LION Smart GmbH leaving Winfried Buss as sole Managing Director.
Thomas joined LION E-Mobility AG as CFO in 2018, and briefly afterwards also took responsibility for the finances of LION Smart GmbH. In June 2019, Thomas was elected to the Board of Directors of LION E-Mobility AG where alongside Alessio Basteri, the Chairman of LION E-Mobility AG was responsible for all financial and administrative tasks of the parent company.
In March 2020 Thomas was appointed Managing Director of LION Smart GmbH becoming responsible for operational performance as well as financial reporting. Thomas established the first consolidated accounting for the LION Group as at the end of 2019 in accordance with IFRS as well as quarterly reporting for the shareholders of LION E-Mobility AG. He leaves LION with a more professional accounting and controlling system. Operationally Thomas set up our project management department working with the controlling system. Many of our senior employees were hired over Thomas’s tenure. The LIGHT Battery project has moved strongly forward over the last few years and grown from strength to strength.
During his time as Managing Director and member of the Board of Directors, LION Smart GmbH increased its turnover from 1.6 million Euros to almost 30.0 million Euros by the end of 2021 and significantly expand its business volume. The number of employees has been continuously expanding. For the 2022 financial year, further increases in sales to more than 48 million Euros are expected, Thomas played a key role in setting the conditions for this growth.
The Chairman and the Board of LION E-Mobility AG wish Thomas and family all the best going forward and warmly thank him for his service and achievements over the last few years.
About LION E-Mobility AG
LION E-Mobility AG is a listed Swiss holding company founded in 2011 with promising strategic investments in the e-mobility sector, particularly in the field of electrical energy storage and lithium-ion battery system technology. The company owns 100% of the German LION Smart GmbH, a developer of battery packs and battery management systems. LION Smart GmbH also holds a 30% stake in TÜV SÜD Battery Testing GmbH, a joint venture with TÜV SÜD AG. LION E-Mobility AG also holds 100% of the shares in LION E-Mobility North America Inc.
Responsible for the press release: Board of Directors LION E-Mobility AG
LION E-Mobility Investor Relations
Frank Schönrock (WeberShandwick)
Phone: +49 (0) 1737025315
Phone: +41 (0) 41 500 54 11
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