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Jenoptik President & CEO Dr. Michael Mertin will not extend his employment contract as a member of the Executive Board of JENOPTIK AG.

The President & CEO Dr. Michael Mertin has today informed the Supervisory Board that he will not be seeking another term on the Executive Board after the expiry of his employment contract on June 30, 2017. After the termination of his current contract Dr. Mertin will concentrate on new challenges outside Jenoptik. The Supervisory Board thanks Dr. Mertin for his successful work.

The Supervisory Board will now focus on the succession to Dr. Mertin and for that purpose will start a structured process.