Leica Camera AG today released a press release indicating a management change:
"The Supervisory Board of Leica Camera AG today removed Steven K. Lee as member and Chairman of the Board of Management of Leica Camera AG with immediate effect.
"At the same time the Supervisory Board appointed Dr. Andreas Kaufmann additional member of the Board of Management and Chairman of the Board of Management for the period until February 28, 2009. For the time being Dr. Andreas Kaufmann will be in charge of the Company jointly with Andreas Lobejäger. Dr. Kaufmann holds sole power of representation of the Company."
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