2014

Hans-Joachim Schopf Joins Ricardo in Advisory Role

    VAN BUREN TWP., Mich., Sept. 19 /PRNewswire/ -- Ricardo is pleased to
 announce that Professor Dr. Hans-Joachim Schopf, former executive vice
 president of DaimlerChrysler AG and head of Mercedes Car Group R&D, will
 join the board of Ricardo Deutschland GmbH as a non-executive director and
 will also become a member of the Ricardo plc global technical strategy
 group.
     With an automotive career spanning thirty-eight years and including
 some of the most senior positions in the German automotive industry,
 Professor Dr. Hans-Joachim Schopf is one of the leading influences on
 modern automotive R&D. Having started at Daimler Benz AG as a trainee in
 1969 following completion of his first degree, Schopf rose to become an
 executive vice president and member of the board of DaimlerChrysler AG,
 with responsibility for Mercedes Car Group R&D. During this time he was
 responsible for many of the company's leading products including the A- and
 C- class cars, and he was instrumental to the implementation of
 technologies such as common rail diesel and direct injection gasoline
 engines, and vehicle electronic stability control. In 1995 he initiated the
 build-up of MbTech GmbH, the wholly-owned technology and engineering
 subsidiary of DaimlerChrysler, which has subsequently grown to be a Euro
 180 million (US $250 million) business.
     Having retired from DaimlerChrysler in 2004, Schopf has been appointed
 directorships of MAHLE, BEHR, and TK Bilstein in Germany, and Ballard Power
 Systems in Canada. He has also worked as an independent automotive
 consultant and is an Honorary Professor of the Technical University of
 Vienna and Honorary Senator of the Technical College of Esslingen.
     Commenting on the appointment of Schopf, Peter Heuser, managing
 director of Ricardo Deutschland GmbH, said: "I am pleased to welcome
 Professor Schopf to the board and I am confident that he will make a very
 positive contribution in guiding the development of Ricardo's business both
 in Germany as well as at an international level. Professor Schopf is one of
 the leading figures in the German automotive industry and his advisory
 input will catalyze the development of our business."
     Dave Shemmans, CEO of Ricardo plc, added: "It is important that Ricardo
 can attract the very best of international talent to its senior management
 team in each of its major geographical divisions. Germany is one of the key
 markets for Ricardo in Europe and the German OEMs are equally important to
 us on a global basis. I believe that with his exceptionally strong
 background in automotive R&D and long history with one of Germany's leading
 multi-national automakers, Professor Schopf will be a valuable member of
 the Ricardo team and will help guide our international technology
 strategy."
     With technical centers and offices throughout Europe, the U.S. and
 Asia, Ricardo is a leading independent technology provider and deep-content
 strategic management consultant to the world's transportation sector
 industries. The company's engineering expertise ranges from vehicle systems
 integration, controls, electronics and software development, to the latest
 driveline and transmission systems and gasoline, diesel, hybrid and fuel
 cell powertrain technologies. Its customers include the world's major
 automakers, tier 1 suppliers and leading motorsport teams. The headquarters
 of Ricardo's U.S. operations, Ricardo, Inc., is located at Van Buren
 Township, Michigan. The company's skill base represents the
 state-of-the-art in low emissions and fuel-efficient powertrain technology,
 and can be best summarized: "Ricardo is Fuel Economy." Ricardo plc posted
 sales of $344 million in financial year 2007 and is a constituent of the
 FTSE techMark 100 index - a group of innovative technology companies listed
 on the London Stock Exchange. For more information visit www.ricardo.com.
 
 

SOURCE Ricardo Inc.

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