Changes to the board of directors of Heidelberger Druckmaschinen AG

May 2th 2024

Heidelberg

Photo: Jürgen Otto. Jürgen Otto At 59 years old he will be the new general director of Heidelberger Druckmaschinen AG effective July 1, 2024. Will succeed Dr Ludwin Monz, who will hand over his position as Chairman of the Board of Directors to him at his own request and in agreement with the Supervisory Board. At the end of June 30, 2024, Monz will leave the board of directors of Heidelberg. The Supervisory Board adopted a resolution to this effect on April 19, 2024.

Chairman of the supervisory board, Dr. Martin Sonnenschein, comments: “We very much regret Dr. Ludwin Monz's decision to leave Heidelberg. Doctor Monz has decisively advanced our company from a strategic and operational point of view and, in this way, he has strengthened our foundation in a difficult market environment. With Jürgen Otto, we are incorporating a leader with experience and proven solvency. With his experience and portfolio of contacts, we will continue to consistently prepare Heidelberg for the future, increasing profitability and further strengthening our significant technological expertise in the printing and packaging industry and beyond.”

Dr. Ludwin Monz comments: “I have really enjoyed working in Heidelberg. “I would like to thank the Supervisory Board, the management team and all employees of the company for their good level of cooperation.”

Jürgen Otto brings decades of experience advising large industrial companies on sustainability, complemented by experience in the field of change management in recent years. Looking ahead to his next position, Jürgen Otto says: “Heidelberg is an icon of German industry with product quality and service expertise appreciated around the world. “I look forward to being part of Heidelberg and working together with the management team of Tania von der Goltz and David Schmedding, as well as all employees, for 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 years old, until now head of sales, will join the board of directors as a new member. As of 01.07.2024, the board of directors will consist of Jürgen Otto as CEO, Tania von der Goltz as CFO and Dr. David Schmedding as Head of Sales and Services.

Dr. Martin Sonnenschein commented on the appointment of Dr. David Schmedding: “Due to his previous management positions in the company, Dr. David Schmedding is an accomplished Heidelberg resident. With the appointment of him as a member of the Board of Directors, we want to reaffirm our will to focus more on convincing our customers with innovative and high-quality products and services and on improving their performance in the future.”

Dr. David Schmedding adds: “I would like to thank everyone for the trust they have placed in me and I look forward very much as a member of the Board of Directors to my future tasks that aim to help shape Heidelberg on its path forward. following its development in the future. “Always thinking about the interest of our clients.”

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