Automotive Industry Veteran Jörg Buchheim Joins Maxwell Technologies as Senior Vice President and Chief Sales Officer

Mar 02, 2016, 09:00 ET from Maxwell Technologies, Inc.

SAN DIEGO, March 2, 2016 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL), a leading developer and manufacturer of ultracapacitor-based energy storage and power delivery solutions, today announced that Jörg Buchheim will join the company as senior vice president and chief sales officer, effective March 7, 2016. Buchheim succeeds Michael Finger who is leaving the company for personal reasons.

Buchheim joins Maxwell from HELLA KGaA Hueck & Co., a global leader in lighting and electronic components and systems for the automotive industry, where he most recently served as president and chief executive officer of HELLA China and a member of the HELLA Group Management Board.

"Jörg's proven track record of increasing sales and building strong customer relationships, coupled with his enthusiasm for Maxwell's technology and potential, make him the ideal leader for our global sales team," said Dr. Franz Fink, Maxwell's president and chief executive officer. "His extensive experience and contacts in the automotive industry are highly complementary, and will be invaluable as we work to build on our momentum in driving sales growth and diversification."

"I'm excited to join Maxwell and support the company in extending its leadership position in ultracapacitors," said Buchheim. "Maxwell has an innovative product portfolio, and I believe that the management team is taking the right steps to penetrate new markets and create value for shareholders and customers. I look forward to working with the outstanding team already in place at the company to help customers address the challenge of meeting escalating worldwide energy demand while reducing environmental impact."

About Jörg Buchheim
Jörg Buchheim is a seasoned global sales leader. From 2002 through 2015 he worked at HELLA KGaA Hueck & Co. in a series of senior sales and management positions, including most recently as president and chief executive officer of HELLA China and a member of the HELLA Group Management Board. He previously served as HELLA's Global Key Account Manager for Indian OEMs and Hyundai/Kia as well as Vice President Sales and Marketing China, Shanghai. Prior to joining HELLA, Buchheim worked in European Key Account Sales for Mitsubishi Electric and in the Project Management for Spoerle / Arrow. He studied electrical engineering at the University of Applied Sciences in Düsseldorf and graduated with a diploma thesis focused on hybrid vehicles which he completed at the BMW Group Research and Innovation Center.

Additional Maxwell Technologies information:

About Maxwell: 
Maxwell is a global leader in the development and manufacture of innovative, cost-effective energy storage and power delivery solutions. Our ultracapacitor products provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Our radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. For more information, please visit our website: www.maxwell.com.

Media & Investor Contact:
Amy Wakeham,
(858) 503-3359
awakeham@maxwell.com

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SOURCE Maxwell Technologies, Inc.



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