04/19/2024
Jürgen Otto (59) will become the new CEO of Heidelberger Druckmaschinen AG (HEIDELBERG) on July 1, 2024. He succeeds Dr. Ludwin Monz, who will resign from his position as Chairman of the Management Board at his own request and in agreement with the Supervisory Board. At the end of June 30, 2024, Monz will step down from the Management Board of HEIDELBERG. The Supervisory Board passed a resolution to this effect on April 19, 2024.
The Chairman of the Supervisory Board, Dr. Martin Sonnenschein, comments: "We very much regret Dr. Ludwin Monz's decision to leave HEIDELBERG. He has decisively advanced our company strategically and operationally and thus strengthened our foundation in a difficult market environment. With Jürgen Otto, we are gaining a proven leader. With his experience and network, we will continue to consistently prepare HEIDELBERG for the future, increase profitability and further strengthen our significant technological expertise in the printing and packaging industry and beyond."
Dr. Ludwin Monz says: "I really enjoyed working at HEIDELBERG. I would like to thank the Supervisory Board, the management team and all employees of the company for their good cooperation."
Jürgen Otto brings decades of experience in the sustainable orientation of large industrial companies, complemented by experience in the field of turnaround management in the recent years. Looking ahead to his upcoming role, Jürgen Otto comments: "HEIDELBERG is an icon of German industry with product quality and service expertise that is appreciated worldwide. I am looking forward to becoming part of HEIDELBERG and working together with the management team around Tania von der Goltz and David Schmedding as well as all employees on a successful future for the company."
At its meeting on April 19, 2024, the Supervisory Board of Heidelberger Druckmaschinen AG also expanded its Management Board. Dr. David Schmedding (47), previously Head of Sales, will join the Management Board as a new member. As of 01.07.2024, the Management Board will therefore consist of Jürgen Otto as Chief Executive Officer, Tania von der Goltz as Chief Financial Officer and Dr. David Schmedding as Chief Sales and Service Officer.
Commenting on the appointment of Dr. David Schmedding, Dr. Martin Sonnenschein said: "Due to his previous management positions in the company, Dr. David Schmedding is an accomplished HEIDELBERG resident. With his appointment to the Management Board, we will place an even stronger focus on convincing our customers with innovative, high-quality products and services and advancing their performance in the future."
Dr. David Schmedding adds: "I would like to thank everyone for the trust they have placed in me and look forward to the task of helping to shape HEIDELBERG as a member of the Management Board on its way forward and to further develop it in the interests of our customers."
Picture 1: Jürgen Otto will become the new CEO of Heidelberger Druckmaschinen AG (HEIDELBERG) on July 1, 2024.
Picture 2: Dr. Ludwin Monz will resign from his position as Chairman of the Management Board at his own request at the end of June 30, 2024, in agreement with the Supervisory Board, and will step down from the Management Board of Heidelberger Druckmaschinen AG (HEIDELBERG).
Picture 3: Dr. David Schmedding, currently Head of Sales, will become a new member of the Management Board of Heidelberger Druckmaschinen AG (HEIDELBERG) as Chief Sales and Service Officer on July 1, 2024.
Image material, and further information about the company are available in the Investor Relations and Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
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.
04/19/2024
Jürgen Otto (59) will become the new CEO of Heidelberger Druckmaschinen AG (HEIDELBERG) on July 1, 2024. He succeeds Dr. Ludwin Monz, who will resign from his position as Chairman of the Management Board at his own request and in agreement with the Supervisory Board. At the end of June 30, 2024, Monz will step down from the Management Board of HEIDELBERG. The Supervisory Board passed a resolution to this effect on April 19, 2024.
The Chairman of the Supervisory Board, Dr. Martin Sonnenschein, comments: "We very much regret Dr. Ludwin Monz's decision to leave HEIDELBERG. He has decisively advanced our company strategically and operationally and thus strengthened our foundation in a difficult market environment. With Jürgen Otto, we are gaining a proven leader. With his experience and network, we will continue to consistently prepare HEIDELBERG for the future, increase profitability and further strengthen our significant technological expertise in the printing and packaging industry and beyond."
Dr. Ludwin Monz says: "I really enjoyed working at HEIDELBERG. I would like to thank the Supervisory Board, the management team and all employees of the company for their good cooperation."
Jürgen Otto brings decades of experience in the sustainable orientation of large industrial companies, complemented by experience in the field of turnaround management in the recent years. Looking ahead to his upcoming role, Jürgen Otto comments: "HEIDELBERG is an icon of German industry with product quality and service expertise that is appreciated worldwide. I am looking forward to becoming part of HEIDELBERG and working together with the management team around Tania von der Goltz and David Schmedding as well as all employees on a successful future for the company."
At its meeting on April 19, 2024, the Supervisory Board of Heidelberger Druckmaschinen AG also expanded its Management Board. Dr. David Schmedding (47), previously Head of Sales, will join the Management Board as a new member. As of 01.07.2024, the Management Board will therefore consist of Jürgen Otto as Chief Executive Officer, Tania von der Goltz as Chief Financial Officer and Dr. David Schmedding as Chief Sales and Service Officer.
Commenting on the appointment of Dr. David Schmedding, Dr. Martin Sonnenschein said: "Due to his previous management positions in the company, Dr. David Schmedding is an accomplished HEIDELBERG resident. With his appointment to the Management Board, we will place an even stronger focus on convincing our customers with innovative, high-quality products and services and advancing their performance in the future."
Dr. David Schmedding adds: "I would like to thank everyone for the trust they have placed in me and look forward to the task of helping to shape HEIDELBERG as a member of the Management Board on its way forward and to further develop it in the interests of our customers."
Picture 1: Jürgen Otto will become the new CEO of Heidelberger Druckmaschinen AG (HEIDELBERG) on July 1, 2024.
Picture 2: Dr. Ludwin Monz will resign from his position as Chairman of the Management Board at his own request at the end of June 30, 2024, in agreement with the Supervisory Board, and will step down from the Management Board of Heidelberger Druckmaschinen AG (HEIDELBERG).
Picture 3: Dr. David Schmedding, currently Head of Sales, will become a new member of the Management Board of Heidelberger Druckmaschinen AG (HEIDELBERG) as Chief Sales and Service Officer on July 1, 2024.
Image material, and further information about the company are available in the Investor Relations and Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
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.
Head of Investor Relations
Tel.: +49 (0)6222 82 67120
Head of Group Communications
Tel.: +49 (0)151 679 68774
Pressesprecher
Tel.: +49 (0)6222 82 67123
