Stephan Plenz (54), Member of the Management Board responsible for technology and the Heidelberg Digital Technology segment, is leaving the company by mutual agreement at the end of his current contract in June 2020.
Stephan Plenz (54), Member of the Management Board responsible for technology and the Heidelberg Digital Technology segment.
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Stephan Plenz (54), Member of the Management Board responsible for technology and the Heidelberg Digital Technology segment, is leaving the company by mutual agreement at the end of his current contract in June 2020. The Supervisory Board and Management Board of Heidelberger Druckmaschinen AG (Heidelberg) have decided to further streamline management structures and reduce the size of the Management Board as part of the company's digital transformation. In future, the technology department will be headed by Rainer Hundsdörfer, Chairman of the Management Board, while Purchasing will move to the Finance department of CFO Marcus Wassenberg. Sales and digitization will be concentrated at Chief Digital Officer Prof. Dr. Ulrich Hermann. The handover will begin immediately.
The mechanical engineer Plenz has been with Heidelberg for over 30 years. He has been a member of the Management Board since 2008 and, in addition to the Sheetfed, Digital, Label and Postpress business units, is also responsible for Research & Development, Purchasing and Production. The Supervisory Board would like to thank Stephan Plenz for his extremely successful commitment to Heidelberg to date: "Stephan Plenz has played a key role in shaping Heidelberg's course over a long period of time. We would particularly like to thank him for setting up a modern production structure with a very successful site in China and for shaping an innovative and successful product portfolio that will enable Heidelberg to move into the digitized future. I would like to emphasize his special commitment in times of great change in our industry," said Supervisory Board Chairman Dr. Siegfried Jaschinski.
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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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