Vector Informatik Expands Board of Directors

Stuttgart, GERMANY, 2021-01-04 – Vector Informatik GmbH, the Stuttgart-based specialist for software and automotive technology, is expanding its executive board effective January 1, 2021. Dr. Stefan Krauß (51), who has been with the company for 19 years now, is joining the board of managing directors as its third member. With this step, Vector is taking account of the challenges of the company’s ongoing growth. Dr. Stefan Krauß started at Vector in 2002 in the area of software development. Here, the computer scientist – who holds a doctorate in the field of software engineering from the University of Stuttgart – worked on designing the new test features of the Vector tools at that time. He headed the development of VT System, the modular HIL system, making it ready for the market. In 2013, Dr. Stefan Krauß succeeded Thomas Riegraf as head of the product line Networks and Distributed Systems, following Thomas Riegraf’s appointment to the board of managing directors. “I am very pleased to be able to take on this position of responsibility here at Vector and to complement the two other current managing directors. It is an exciting challenge to expand our product portfolio for the support of software developers in the established markets as well as in new segments,” says Dr. Stefan Krauß. With this appointment, the Vector executive board consists of Dr. Thomas Beck, Dr. Stefan Krauß and Thomas Riegraf. This way Vector continues to build upon the success of long-standing continuity in the management.

About Vector Vector is the leading manufacturer of software tools and embedded components for the development of electronic systems and their networking with many different systems from CAN to Automotive Ethernet. Vector has been a partner of automotive manufacturers and suppliers and related industries since 1988. Vector tools and services provide engineers with the decisive advantage to make a challenging and highly complex subject area as simple and manageable as possible. Vector employees work on electronic innovations for the automotive industry every day. Worldwide customers in the automotive, commercial vehicles, aerospace, transportation, and control technology industries rely on the solutions and products of the independent Vector Group for the development of technologies for future mobility. Vector worldwide currently employs more than 3,000 people with sales of EUR 770 million in 2019. With its headquarters in Germany (Stuttgart), Vector has subsidiaries in the USA, Japan, France, Great Britain, Italy, Austria, Sweden, Romania, South Korea, India, China, and Brazil. You can find this and other press releases on our website at: www.vector.com/pressreleases Vector press contacts worldwide you will find at: www.vector.com/press Vector is also active in popular social networks: www.vector.com/connect