Heidelberger Druckmaschinen AG / Key word(s): Change of Personnel
27.10.2016 18:01
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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* Rainer Hundsdörfer will become CEO on November 14
* Dr. Ulrich Hermann is appointed to the Management Board
The Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg) is
reorganizing the company's Management Board today with the appointment of
Rainer Hundsdörfer (59) as the new CEO and Dr. Ulrich Hermann (49) as a
regular member. International industry expert Mr. Hundsdörfer will replace
Dr. Gerold Linzbach on November 14, who is leaving the company of his own
accord, as already announced.
With this focus on expanding digital business models at Heidelberg,
Dr. Ulrich Hermann has been appointed a member of the Management Board
effective November 14. As proven expert in digitization, he is qualified to
steer the company's ongoing digital transformation.
Current Management Board member Harald Weimer, responsible for Heidelberg
Services, will be stepping down at his own request as of November 13, 2016
and will supervise the orderly transition in the period to March 31, 2017.
Contact:
Heidelberger Druckmaschinen AG
Corporate Public Relations
Thomas Fichtl
Phone: +49 (0)6222 82-67123
Fax: +49 (0)6222 82-67129
E-mail: thomas.fichtl@heidelberg.com
Investor Relations
Robin Karpp
Phone: +49 (0)6222 82-67120
Fax: +49 (0)6222 82-99 67120
E-Mail: robin.karpp@heidelberg.com
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Information and Explanation of the Issuer to this News:
Reorganization of the Heidelberg Management Board - Rainer Hundsdörfer
appointed new CEO
* Rainer Hundsdörfer will become CEO on November 14
* Dr. Ulrich Hermann is appointed to the Management Board
The Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg) is
reorganizing the company's Management Board today with the appointment of
Rainer Hundsdörfer (59) as the new CEO and Dr. Ulrich Hermann (49) as a
regular member. International industry expert Mr. Hundsdörfer will replace
Dr. Gerold Linzbach on November 14, who is leaving the company of his own
accord, as already announced.
'We sincerely thank Gerold Linzbach for successfully turning around the
company. Heidelberg is well on track,' says Dr. Siegfried Jaschinski,
Chairman of the Heidelberg Supervisory Board. 'We are delighted to have
gained an internationally experienced leadership personality in Rainer
Hundsdörfer to drive forward the reorientation of the company.
Mr. Hundsdörfer has acquired many years of specialist expertise with global
technology leaders that will help pave the way forward to a successful
digital future at Heidelberg.'
Rainer Hundsdörfer has managed a number of leading industrial technology
companies, most recently as Chairman of the Board of Management of the
world's leading manufacturer of fans and motors ebm-papst. Prior to this,
he was Chairman of the Industry Division and member of the Executive Board
at Schaeffler. After graduating in business engineering, Mr. Hundsdörfer
started work for Trumpf in Ditzingen and performed various managerial roles
abroad. After this, he was appointed CEO of Weinig AG, a machines and
systems manufacturer for timber processing based in Tauberbischofsheim in
Baden-Württemberg.
'Heidelberg is moving toward customer-focused technology and services in
what is a changed market environment,' says Rainer Hundsdörfer. 'We now
need to make solid use of the opportunities digitization presents for
profitable growth.'
Dr. Ulrich Hermann joins the Management Board
With this focus on expanding digital business models at Heidelberg, Dr.
Ulrich Hermann has been appointed a member of the Management Board
effective November 14. As proven expert in digitization, he is qualified to
steer the company's ongoing digital transformation.
'Dr. Hermann has been successful in realigning conventional business models
throughout his career. Heidelberg will benefit from his experience in the
future,' says Dr. Jaschinski.
Dr. Hermann was most recently CEO of Wolters Kluwer Germany and Regional
Managing Director of Wolters Kluwer Central Europe. Prior to this, he was
Member of the Management Board of Süddeutscher Verlag Hüthig
Fachinformation. After graduating in mechanical engineering, he gained his
doctorate in business economics in St. Gallen in 1996. He launched his
business career in 1997 with a number of managerial positions at
Bertelsmann AG.
Current Management Board member Harald Weimer, responsible for Heidelberg
Services, will be stepping down at his own request as of November 13, 2016
and will supervise the orderly transition in the period to March 31, 2017.
The Supervisory Board would also like to thank Mr. Weimer sincerely for all
his committed work on the Management Board.
Stephan Plenz's Management Board contract has been extended, as scheduled,
for a further three years. Thus the Management Board of Heidelberger
Druckmaschinen AG comprises the following members effective November 14,
2016:
Mr. Rainer Hundsdörfer (59), Chairman of the Management Board
Mr. Dirk Kaliebe (50), Member of the Management Board
Mr. Stephan Plenz (51), Member of the Management Board
Dr. Ulrich Hermann (49), Member of the Management Board
Figure1: Rainer Hundsdörfer, new CEO of Heidelberger Druckmaschinen AG.
Figure 2: Dr. Ulrich Hermann, new member of the Management Board of
Heidelberger Druckmaschinen AG
Image material, and additional information about the company are available
in the Press Lounge of Heidelberger Druckmaschinen AG at
www.heidelberg.com.
Contacts for further details:
Heidelberger Druckmaschinen AG
Corporate Public Relations
Thomas Fichtl
Phone: +49 6222 82- 67123
Fax: +49 6222 82- 67129
E-mail: Thomas.Fichtl@heidelberg.com
Investor Relations
Robin Karpp
Phone: +49 (0)6222 82-67120
Fax: +49 (0)6222 82-99 67120
E-mail: robin.karpp@heidelberg.com
Important note:
This press release contains forward-looking statements based on assumptions
and estimations by the Management Board of Heidelberger Druckmaschinen
Aktiengesellschaft. Even though the Management Board is of the opinion that
those assumptions and estimations are realistic, the actual future
development and results may deviate substantially from these
forward-looking statements due to various factors, such as changes in the
macro-economic situation, in the exchange rates, in the interest rates and
in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft
gives no warranty and does not assume liability for any damages in case the
future development and the projected results do not correspond with the
forward-looking statements contained in this press release.
27.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Heidelberger Druckmaschinen AG
Kurfürsten-Anlage 52-60
69115 Heidelberg
Germany
Phone: +49 (0)6222 82-67121
Fax: +49 (0)6222 82-67129
E-mail: investorrelations@heidelberg.com
Internet: www.heidelberg.com
ISIN: DE0007314007
WKN: 731400
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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DGAP-Adhoc: Heidelberger Druckmaschinen AG: Reorganization of the Heidelberg Management Board - Rainer Hundsdörfer appointed new CEO
| Source: EQS Group AG