Dr. Martin Sonnenschein is the new chairman of the supervisory board of Heidelberger Druckmaschinen AG. (Source: A.T. Kearney)
Download image in high-resolution
Dr. Martin Sonnenschein is the new chairman of the supervisory board of Heidelberger Druckmaschinen AG (Heidelberg). He was appointed a member of the supervisory board at the end of November by the Mannheim Register Court and will take over as chairman of the supervisory board on December 1, 2019.
"The election as chairman of the supervisory board is an honor but rather a responsibility towards shareholders, customers and employees. I wrote my thesis here 30 years ago. Today, Heidelberg is the global market and technology leader as a systems supplier to the printing industry. Now is the time to seize the opportunities offered by digitization, technological change and new customer requirements. The current economic situation is making it more difficult. The demands on expanding expertise, speed of change and innovation are high. Profitability must increase in order to have scope for the transformation that has begun and for new markets. With the Heidelberg spirit of the entire team, we will successfully shape these massive changes," said Martin Sonnenschein.
"Dr. Martin Sonnenschein has many years of comprehensive industrial expertise in the areas of strategy and transformation that are important to Heidelberg. He has successfully implemented growth projects around the world that have focused not only on important strategic decisions but also on digitization and increasing profitability. Thanks to his management experience, he will play a valuable role in being a sparring partner for us," said Rainer Hundsdörfer, CEO of Heidelberg.
Martin Sonnenschein (55) is partner and managing director of the management consultancy A.T. Kearney. As a long-standing member of numerous top management committees, former A.T. Kearney CEO Central Europe and worldwide practice leader, he is responsible for some of the most important clients in industry and services. In recent years, Sonnenschein has successfully implemented a variety of large digital transformation programs and industrial growth and innovation projects around the world, focusing on operational improvements and new business models. Before joining A.T. Kearney, the Karlsruhe graduate industrial engineer held management positions at Daimler-Benz InterServices, E-Plus Mobilfunk and ThyssenKrupp.
The supervisory board of Heidelberg had already elected Dr. Martin Sonnenschein as chairman of the supervisory board on October 28, 2019, subject to court appointment, after Dr. Siegfried Jaschinski had decided to leave the Supervisory Board for personal reasons effective November 30, 2019. Dr. Martin Sonnenschein has been appointed until the end of the next Annual General Meeting on 23 July 2020. There he will be proposed to the shareholders for election to the Supervisory Board.
For further information about the company and image material, please visit the Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com and Media library .
Heidelberg IR now on Twitter:Link to the IR Twitter channel: twitter.com/Heidelberg_IR On Twitter under the name: @Heidelberg_IR
The publication of the business figures for the 3rd quarter 2019/2020 is scheduled for the 11 February 2020.
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.
Thomas Fichtl Head of Corporate Public Relations and Press Officer Tel.: +49 (0)6222 82 67123 Fax.: +49 (0)6222 82 67129
Street: Gutenbergring City: 69168 Wiesloch Country: Germany
Robin Karpp Head of Investor Relations and Group Communications Tel.: +49 (0)6222 82 67120 Fax.: +49 (0)6222 82 67129
We look forward to your message. In order to be able to react quickly to your request, we need some information. *These fields are required.