Centrotherm International AG has announced significant changes to its supervisory board following a shift in shareholder structure. Hans-Hasso Kersten and Dr. Xinan Jia, both members of the supervisory board, resigned from their positions effective December 17, 2025. The resignations come in the wake of the company's new shareholder structure, marking a transitional period for the thermal production solutions provider. The company's management board will immediately apply to the Ulm Local Court for the appointment of two new supervisory board members. According to company statements, replacements are expected to be appointed in January 2026. The new main shareholder, controlled by the Ardian Semiconductor fund, will be represented by two members on the supervisory board moving forward. This development signals a strategic realignment for centrotherm as it navigates changing ownership dynamics.
Robert M. Hartung, who will remain as chairman of the supervisory board, expressed appreciation for the departing members' contributions. On behalf of the Supervisory Board and the Management Board, I would like to thank the two departing members for their valuable cooperation over the past years, Hartung stated. Both have made a significant contribution to supporting the Management Board with their expertise in the realignment of the company. The departing members brought substantial experience to their roles. Dr. Xinan Jia had been associated with centrotherm since 2006 and held various management positions in Asia before being appointed to the supervisory board in 2018. Hans-Hasso Kersten, the previous deputy chairman, had been with the company since early 2014 and also served as chairman of the audit committee. Their departures represent a notable shift in the company's governance structure at a time when centrotherm operates in several growth sectors including semiconductor and microelectronics industries, photovoltaics, and emerging fields like fiber and battery production.
These board changes occur as the company continues to implement thermal production solutions and coating technologies for its international customer base while working with partners from industry and research to improve existing production concepts and set new trends in the market. Centrotherm International AG, which has been developing production concepts for over 70 years, maintains its corporate information at https://www.centrotherm.de. The company's securities are traded with German Securities Identification Numbers WKN: A1TNMM for bearer shares and WKN: A1TNMN for unlisted shares from the non-cash capital increase. The governance transition reflects broader strategic adjustments as the company positions itself within competitive technology sectors where thermal production expertise is increasingly valuable for manufacturing advanced components across multiple industries.
