Heidelberger Druckmaschinen AG

Postfach 10 29 40
69019 Heidelberg
Germany

Kurfürsten-Anlage 52–60
69115 Heidelberg

Thomas Fichtl

Phone +49 6222 82- 67123
Fax +49 6222 82- 67129

Thomas.Fichtl@heidelberg.com
www.heidelberg.com

October 27, 2016                                           

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. 

“We sincerely thank Gerold Linzbach for successfully turning around the company. Heidelberg is well on track,” says Dr. Siegfried Jaschinski, Chairman of the Heidelberg Supervisory Board. “We are delighted to have gained an internationally experienced leadership personality in Rainer Hundsdörfer to drive forward the reorientation of the company. Mr. Hundsdörfer has acquired many years of specialist expertise with global technology leaders that will help pave the way forward to a successful digital future at Heidelberg.” 

Rainer Hundsdörfer has managed a number of leading industrial technology companies, most recently as Chairman of the Board of Management of the world’s leading manufacturer of fans and motors ebm-papst. Prior to this, he was Chairman of the Industry Division and member of the Executive Board at Schaeffler. After graduating in business engineering, Mr. Hundsdörfer started work for Trumpf in Ditzingen and performed various managerial roles abroad.  After this, he was appointed CEO of Weinig AG, a machines and systems manufacturer for timber processing based in Tauberbischofsheim in Baden-Württemberg. 

“Heidelberg is moving toward customer-focused technology and services in what is a changed market environment,” says Rainer Hundsdörfer. “We now need to make solid use of the opportunities digitization presents for profitable growth.”  

Dr. Ulrich Hermann joins the Management Board  
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. 

“Dr. Hermann has been successful in realigning conventional business models throughout his career. Heidelberg will benefit from his experience in the future,” says Dr. Jaschinski.

Dr. Hermann was most recently CEO of Wolters Kluwer Germany and Regional Managing Director of Wolters Kluwer Central Europe. Prior to this, he was Member of the Management Board of Süddeutscher Verlag Hüthig Fachinformation. After graduating in mechanical engineering, he gained his doctorate in business economics in St. Gallen in 1996. He launched his business career in 1997 with a number of managerial positions at Bertelsmann AG.  

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. The Supervisory Board would also like to thank Mr. Weimer sincerely for all his committed work on the Management Board.

Stephan Plenz’s Management Board contract has been extended, as scheduled, for a further three years. Thus the Management Board of Heidelberger Druckmaschinen AG comprises the following members effective November 14, 2016:

Mr. Rainer Hundsdörfer (59), Chairman of the Management Board 
Mr. Dirk Kaliebe (50), Member of the Management Board 
Mr. Stephan Plenz (51), Member of the Management Board
Dr. Ulrich Hermann (49), Member of the Management Board

Figure1: Rainer Hundsdörfer, new CEO of Heidelberger Druckmaschinen AG.

Figure 2: Dr. Ulrich Hermann, new member of the Management Board of 
Heidelberger Druckmaschinen AG

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.