Deutsche Post's Electric Van Subsidiary Appoints New Management Members

Date : 10/07/2019 @ 1:26PM
Source : Dow Jones News
Stock : Deutsche Post (PC) (DPSGY)
Quote : 37.51  0.0 (0.00%) @ 12:00AM
Deutsche Post (PC) share price Chart

Deutsche Post's Electric Van Subsidiary Appoints New Management Members

Deutsche Post (PC) (USOTC:DPSGY)
Historical Stock Chart

6 Months : From Jul 2019 to Jan 2020

Click Here for more Deutsche Post (PC) Charts.
   By Kim Richters 

Deutsche Post AG (DPW.XE) said Monday that its electric-van subsidiary StreetScooter GmbH is adding two managers from the automotive industry to its management.

Peter Bardenfleth-Hansen will become chief growth officer of subsidiary and will be responsible for the development of the division's international sales organization, the German logistics company said. He previously served as director for EMEA business development at electric-car maker Tesla Inc., it said.

Ulrich Stuhec will serve as chief technology officer and will also be responsible for the business's expansion in China, Deutsche Post said. Previously, he worked on autonomous vehicles at car maker Ford Motor Co, the logistics company said.

Mr. Stuhec will replace Fabian Schmitt, who will start in a not-yet defined role.

The management additions, which focus on "growth and internationalization," come at a time when the logistics and postal company is speaking to investors about potential strategic investments or a sale of StreetScooter, a company spokesman said.

The company, which Deutsche Post bought in 2014, will make a double-digit million euro loss this year, Chief Executive Frank Appel told German newspaper Frankfurter Allgemeine Sonntagszeitung in an interview over the weekend. The spokesman confirmed the CEO's comments.


Write to Kim Richters at


(END) Dow Jones Newswires

October 07, 2019 09:11 ET (13:11 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest DPSGY Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20200123 11:54:35