Corporate | 29 July 2009 12:09
Homag Group AG / Change of Personnel
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Schopfloch, July 29, 2009. At At its meeting on July 28, 2009, the
supervisory board passed a resolution to make the following changes to the
management board: From September 1, 2009, Rolf Knoll, longstanding member
of the management board, will assume the function of CEO in addition to his
responsibility for group operations. The new Head of Sales will be Jürgen
Köppel, since 2004 managing director of the successful HOMAG production
company BRANDT Kantentechnik GmbH. He will take up this new position no
later than January 1, 2010.
The reorganization was necessary because Dr. Joachim Brenk, the current CEO
of HOMAG Group AG and responsible within the management board for sales,
service and marketing, is leaving the company of his own volition at the
end of the year to take on a new position. In connection with this change,
the supervisory board expressly thanked Dr. Brenk for his work and his
special contribution to the further development of the HOMAG Group.
Filling both positions - CEO and Head of Sales - internally will ensure
continuity in the management of the HOMAG Group. This will be supported by
the handover by Dr. Brenk who will be available to the company until
year-end.
Background information
With its 16 production companies worldwide, 22 group-owned sales and
service companies and approximately 60 exclusive sales partners, HOMAG
Group AG's market position is excellent and its portfolio as a
comprehensive system supplier and technology partner makes it unique.
Backed by a workforce of some 5,000 employees, the Company sees itself as
the leading global manufacturer for plant and machinery for the woodworking
industry for the production of furniture and construction elements as well
as prefabricated houses. The group also offers its customers a wide range
of services in related areas for production machines and equipment. HOMAG
Group AG shares have been trading on the Prime Standard of the Frankfurt
Stock Exchange since July 13, 2007 and were listed on the SDAX of the
German Stock Exchange on October 2007.
Information:
HOMAG Group AG
Investor Relations
Simone Mueller
Phone: +49 7443 13-2034
simone.mueller@homag-group.com
www.homag-group.com
29.07.2009 Financial News transmitted by DGAP
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Language: English
Issuer: Homag Group AG
Homagstr. 3-5
72296 Schopfloch
Deutschland
Phone: +49 (0)7443 / 13 - 0
Fax: +49 (0)7443 / 13 - 2300
E-mail: info@homag-group.de
Internet: www.homag-group.de
ISIN: DE0005297204
WKN: 529720
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hannover, Düsseldorf, Stuttgart,
Hamburg
End of News DGAP News-Service
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