Corporate | 23 September 2015 21:19

GEA Group Aktiengesellschaft: GEA appoints Steffen Bersch and Niels Erik Olsen to the Executive Board (news with additional features)

DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Change of Personnel

2015-09-23 / 21:19

GEA appoints Steffen Bersch and Niels Erik Olsen to the Executive Board

Düsseldorf, September 23, 2015 – At today’s Supervisory Board meeting, two long-serving GEA managers, the German Steffen Bersch, and the Dane Niels Erik Olsen were appointed to the Executive Board with effect from January 1, 2016. Alongside the CEO, Jürg Oleas, the Chief Financial Officer, Dr. Helmut Schmale, and the Member of the Executive Board in charge of Human Resources & Legal Affairs, Dr. Stephan Petri, Steffen Bersch will be in charge of the new Equipment Business Area established within the framework of the ‘Fit for 2020’ project, while Niels Erik Olsen will assume responsibility for the Solutions Business Area. Markus Hüllmann will leave GEA with effect from December 31, 2015 as he has decided to start his own business. Thus, GEA will be managed by a team of five Executive Board members in the future.

“The Supervisory Board of GEA Group Aktiengesellschaft would like to thank Markus Hüllmann for his extremely successful commitment to the company during the past years and wishes him all the best for the future. At the same time we are pleased to see the internationally experienced managers Steffen Bersch and Niels Erik Olsen complementing the Executive Board”, says Dr. Jürgen Heraeus, Chairman of the Supervisory Board of GEA Group Aktiengesellschaft.

Steffen Bersch (46) joined GEA fifteen years ago and currently holds the position of Executive Vice President Business Area Equipment. Starting his career as head of marketing and in product management, Bersch became Managing Director of GEA Middle East in Dubai in 2007 before moving to GEA’s separator division in 2010, first as Vice President Service International, then as President Mechanical Separation. Steffen Bersch is graduated in food technology and has a master’s degree in biotechnology.

Niels Erik Olsen (49), Executive Vice President Business Area Solutions, has a master’s degree in mechanical engineering and joined the company as a project engineer in 1991. He transferred to GEA Singapore in 1995 to take up the role as Regional Sales Manager South East Asia. In 1998 Niels Erik Olsen took over as General Manager at GEA Technology Equipment in China. At the end of 1999 he assumed the position of Division Manager at GEA North America. After returning to Denmark in 2002, and heading up the Chemical business, he was promoted to Executive Vice President GEA Process Engineering in 2007 and appointed to the Board of the Process Engineering Segment in 2010.

“Much to my regret, Markus Hüllmann has decided to seek a new professional challenge and not renew his service agreement with GEA. By appointing Steffen Bersch and Niels Erik Olsen to the Executive Board, we are emphasizing our commitment to continuity while reinforcing operational responsibilities in line with GEA’s new structure”, remarked Jürg Oleas.

About GEA
GEA is one of the largest suppliers for the food processing industry and a wide range of process industries that generated consolidated revenues of approximately EUR 4.5 billion in 2014. As an international technology group, the Company focuses on process technology and components for sophisticated production processes in various end-user markets. The Group generates more than 70 percent of its revenue in the food sector that enjoys long-term sustainable growth. As of June 30, 2015, the Company employed around 18,000 people worldwide. GEA is a market and technology leader in its business areas. The Company is listed in Germany’s MDAX (G1A, WKN 660 200). In addition, GEA’s share is a constituent of the MSCI Global Sustainability Indexes. Further information is available on the Internet at www.gea.com .

If you do not want to receive any further information from GEA, please send an email to pr@gea.com or call us.

Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
www.gea.com

Pictures of Steffen Bersch and Niels Erik Olsen are available on request.

+++++
Additional features:

Picture: http://newsfeed2.equitystory.com/mg-technologies/397053.html
Subtitle: Steffen Bersch and Niels Erik Olsen

2015-09-23 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

Language:	English
Company:	GEA Group Aktiengesellschaft
	Peter-Müller-Straße 12
	40468 Düsseldorf
	Germany
Phone:	+49 (0)211 9136-0
Fax:	+49 (0)211 9136-31087
E-mail:	ir@gea.com
Internet:	www.gea.com
ISIN:	DE0006602006
WKN:	660200
Indices:	MDAX
Listed:	Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich; Regulated Unofficial Market in Hanover, Stuttgart

End of News DGAP News Service

397053  2015-09-23