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Dr. Stefan Asenkerschbaumer appointed honorary professor

Bosch CFO has close ties with his alma mater

Nuremberg and Erlangen, Germany – On February 7, 2017, the Friedrich-Alexander University of Erlangen-Nuremberg appointed Dr. Stefan Asenkerschbaumer, deputy chairman of the board of management of Robert Bosch GmbH, honorary professor in business administration, specializing in industrial management. Professor Dr. Kai-Ingo Voigt, who holds the chair of industrial management at Friedrich-Alexander University of Erlangen-Nuremberg, said: “In appointing Dr. Stefan Asenkerschbaumer honorary professor, we are paying tribute to his work at the interface of theory and practice. His outstanding lectures and seminars are extremely popular with students, especially those reading industrial engineering.”

Professor Asenkerschbaumer was awarded a degree in business education at the University of Erlangen-Nuremberg in 1982, and a further degree in business administration in 1984. These degrees were followed by a PhD on the subject of innovation management in companies. To this day, he has remained in close contact with his alma mater. For Professor Asenkerschbaumer, the interaction of theory and practice brings valuable benefits for both sides. For a number of years, he has lectured and given seminars at the Friedrich-Alexander University of Erlangen-Nuremberg. In particular, he has regularly given an “industry seminar” for master’s students in the school of industrial management.

On the Bosch board of management, Professor Asenkerschbaumer is responsible for finance and financial statements, planning and controlling, internal accounting and organization, as well as in-house consulting. In addition, he is responsible for two corporate sectors: IT and purchasing and logistics.

About Bosch

The Bosch Group is a leading global supplier of technology and services. It employs roughly 390,000 associates worldwide (as of December 31, 2016). The company generated sales of 73.1 billion euros in 2016. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. At 120 locations across the globe, Bosch employs some 59,000 associates in research and development.

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPresse