Wiesloch, 28 October 2019 3:51 p.m. CET
At today's meeting of the Supervisory Board, Dr. Siegfried Jaschinski announced to the Management Board that he would be resigning his mandate as a member of the Supervisory Board and his position as Chairman of the Supervisory Board of Heidelberger Druckmaschinen AG with effect from November 30, 2019.
Dr. Martin Sonnenschein, Partner and Managing Director of the management consultancy A.T. Kearney is to become new member and Chairman of the Supervisory Board. The Supervisory Board without dissenting vote elected Dr. Martin Sonnenschein as Chairman of the Supervisory Board with effect from December 1, 2019, at the earliest, however, with effect from the date of his entry into the Supervisory Board, subject to the condition that Dr. Martin Sonnenschein is appointed to the Supervisory Board by court order.
The appointment of Dr. Sonnenschein as a member of the Supervisory Board shall be applied for immediately at court.
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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 macroeconomic 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.
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