Heidelberg, Germany
The Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg) (FWB: HDD) has appointed Stephan Plenz (43) to the Management Board. The appointment will take effect from July 1, 2008. Over the past 14 years, Stephan Plenz has held various senior positions at Heidelberg. He was appointed manager of the Wiesloch-Walldorf site in April 2006, and is responsible for global production.
The decision has also been taken to reorganize the roles and responsibilities of the four Management Board members.
The Chairman of the Management Board, Bernhard Schreier (54), will now focus on the strategic development of Heidelberg, acquisitions, communications, and compliance. He also retains his role as Personnel Director.
Responsibility for sales, which was previously held by Bernhard Schreier, now passes to Dr. Jurgen Rautert (49), who will also continue to oversee customer- and market-focused activities, product management, and marketing, and will drive forward expansion in the fields of services and consumables.
As the newly appointed member of the Management Board responsible for technology, Stephan Plenz will be in charge of research and development, production, and purchasing. In this role, he will work to further expand production capacities in China and develop international sourcing.
There will be no structural changes in the finances sector. In addition to his usual responsibilities, CFO Dirk Kaliebe (42) will also be responsible for the planned measures aimed at boosting efficiency.
"We have ambitious goals, which the Supervisory Board supports. That is why it has approved the expansion of the Management Board," explains Bernhard Schreier, Heidelberg CEO. "By reassigning Management Board responsibilities, we are underpinning our programs for business expansion. We want to drive forward expansion in the fields of services and consumables, further enhance the international character of production and sourcing, effectively implement efficiency-enhancing programs, and increase our attractiveness to the capital market."
Encl.
Chart illustrating responsibilities of the Management Board members at Heidelberger Druckmaschinen (See PPT)
Stephan Plenz - short CV and photograph
Stephan Plenz was born on May 14, 1965 in Oberwesel am Mittelrhein, Germany, and joined the company in 1986. Following a number of management positions in the Sheetfed Division at the Wiesloch factory, he has worked in various management roles in the Postpress Division since 2001. In February 2005, Stephan Plenz took over the role of Assembly and Logistics Manager at the Wiesloch-Walldorf factory. He has been Site Manager there since April 2006 and is responsible for global production at Heidelberg. Stephan Plenz is married with three children.
For further information visit the Internet Press Lounge at www.heidelberg.com.
Other dates:
The company will be publishing preliminary results for financial year 2007/2008 on May 7, 2008.
Important note:
This Press Information contains statements about future development that are based on assumptions and estimates by the management of Heidelberger Druckmaschinen Aktiengesellschaft. Even if the management is of the opinion that these assumptions and estimates are accurate, future actual developments and future actual results may differ significantly from these assumptions and estimates due to a variety of factors. These factors can include changes to the overall economic climate, changes to exchange rates and interest rates and changes in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.
Responsibilities of the Management at Heidelberger Druckmaschinen
Valid from July 1, 2008
Bernhard Schreier Dirk Kaliebe Dr. Jurgen Rautert Stephan Plenz
Chairman of the Finance Sales Technology
Management Board
-- Corporate -- Controlling -- Sales -- Research &
Development Development
-- Human Resources -- Finances -- Consumables -- Purchasing
-- Communications -- IT -- Product -- Production
Management
-- Compliance -- Investor -- Marketing -- Postpress
Relations
-- Financial -- Service
Services
Source: Business Wire (Business Wire India)