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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