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.

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.

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.

Heidelberger Druckmaschinen AG / Key word(s): Change of Personnel

22.07.2016 10:57

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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