Top management change at Heidelberg

Heidelberg CEO Rainer Hundsdörfer will be stepping down from his role, with his successor Dr. Ludwin Monz to take on the reins from the start of the company’s new financial year on April 1, 2022.

Hundsdörfer departs after more than five years with the company.

Heidelberg supervisory board chairman Dr. Martin Sonnenschein said, “The Supervisory Board of Heidelberg would like to thank Rainer Hundsdörfer for his extraordinary commitment as CEO of the company.

“He has succeeded in steering the Company successfully through the COVID-19 crisis, while at the same time setting the course for the Company’s further strategic development and establishing new business such as e-mobility.”

Hundsdörfer acknowledged the trusting cooperation with the supervisory board as well as within the company.

Rainer Hundsdoerfer

“These have been very challenging years here at Heidelberg. We successfully defied the pandemic and strategically realigned Heidelberg through our successful transformation. I am proud to be part of the Heidelberg family. I wish my successor Ludwin Monz a good start to the new financial year and continued success,” he said.

Dr. Monz is currently the chairman of the management board of MDAX-listed Carl Zeiss Meditec AG – a role he will be in until the end of December 31.

“With the appointment of Ludwin Monz, Heidelberger Druckmaschinen AG is gaining a suitable face to drive forward its strategic realignment. He is a proven expert in high technology and innovation with capital market experience,” Dr. Sonnenschein said.

Dr. Monz has been a member of the Management Board of Carl Zeiss Meditec AG since 2007 and has been chairman of the management board since 2010. He was also appointed to the group management board of Carl Zeiss AG with effect from January 1, 2014.

Looking ahead to his new role, Dr. Monz said, “For me, Heidelberger Druckmaschinen AG is a flagship of German mechanical engineering. I see enormous potential for the future in the broad expertise of its employees, its widely branched global organization, and its long-established brand”.

Heidelberg also announced that it plans to extend the management board contract with its CFO Marcus Wassenberg until 2027, as scheduled.

With this decision, Heidelberg said it is relying on continuity regarding the financial stability achieved and the strategic realignment initiated by the successful transformation.

“Under the direct leadership of Marcus A. Wassenberg, Heidelberg’s transformation program has been successfully implemented. Measures introduced are showing measurable success. We look forward to a successful future together,” Dr. Sonnenschein said.

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