CoreTigo Announces the Appointment of Mr. Ralf-Michael Franke as Board Member

Mr. Franke joined Siemens in 1985. In 1998, he took over as Head of Quality Assurance, and in 2000 took charge of coordinating the inter-divisional development of the new SINAMICS drives platform. From 2003 onwards, he managed the top+ company program Innovation in Munich. In 2004, he became CEO of the Siemens Industrial Automation Systems Business Unit. In April 2011, he took over leadership of the Drive Technologies division. As of October 2014, Mr. Ralf-Michael Franke served as the CEO of the Factory Automation Business Unit. The Business Unit Factory Automation offers a range of end-to-end automation products and systems for all sectors of the manufacturing industry.

“We are very excited to welcome Mr. Franke to our board of directors. He brings decades of leadership and expertise in the industrial space,” said Eran Zigman, CoreTigo CEO, “his addition to our board strengthens our commitment to developing innovative solutions to better serve our industrial customers.”

“I am honored to join the board of directors of such an innovative and fast-paced company as CoreTigo,” said Mr. Ralf-Michael Franke, “and looking forward to taking part in shaping new wireless solutions for the industrial space that will drive adaptive manufacturing, operational excellence and business intelligence.”