As announced by the company at its 75th anniversary festivities, ODU Group Managing Director Dr. Joachim Belz has asked the supervisory board for a premature termination of his employment contract, citing personal reasons. According to the amicable agreement and mutually agreed upon understanding that was reached, Mr. Belz will withdraw from the company as of December 31, 2017.
The supervisory board and management team are pleased that Dr. Belz will continue to support the company in an advisory role. Mr. Belz has been Managing Director of the ODU Group since 2012 and, together with his colleague, Dr.-Ing. Kurt Woelfl, has been successful in guiding the destinies of the globally active connector manufacturer.