Biel (Switzerland), March, 2009 – CT-Concept Technologie AG, the worldwide market leader in IGBT gate drive units, has reorganized its structure in order to support future growth. The newly formed CT-Concept Holding AG will own the IPR and thus all forms of driver licensing and cooperation. CT-Concept Technologie AG will continue to act as the operational division covering development, production, logistics, sales and marketing.
After presiding over more than 22 years of successful business growth, the founder and chairman of CONCEPT, Heinz Rüedi, is taking a step back from active involvement and will continue as CEO of CT-Concept Holding AG. As CEO of the holding company, he will focus on technological orientation and long-term strategy.
The board of directors has named Wolfgang Ademmer as the new CEO of CT-Concept Technologie AG. Ademmer, 41, was Senior Director at Infineon Technologies AG responsible for power electronics for hybrid vehicle and white goods since 2005. Prior to this position, he directed and handled the IGBT power module business at eupec GmbH as Vice President Sales & Marketing, establishing a solution-oriented strategy to cope with market trends, including a business plan for IGBT drivers.
“In Mr. Ademmer, we have found the ideal candidate to lead us to the next leap in growth. Thanks to his sound experience in the power semiconductor market and the excellent technology base and innovative power of CONCEPT, he will provide the strategic direction to extend CONCEPTs market position and help us tap new markets,” said Heinz Rüedi, founder of CONCEPT.
“Knowing CONCEPT for more than ten years, I’m excited about our potential to create further success in a healthy market. Despite the current tough market environment, all signs at CONCEPT point to growth. Stimulated by the macroeconomic demand for more electricity, the market for medium and high-power converter solutions will grow steadily, unlike the purely end-consumer driven markets. CONCEPT already participates in both trends with its innovative products for converters of the mid and high power classes. We aim to develop best-in-class solutions that can also compete in cost terms with customer-developed solutions, even in the high-volume sector,” adds Ademmer. With our products we will help to create efficient and reliable solutions in all medium and high-power applications, with an emphasis on a cost/performance ratio that competes with in-house developments” added Mr. Ademmer.
He will take up his duties on May 1st.
Picture: Wolfgang Ademmer (left) and Heinz Rüedi (right)
