Ad-hoc | 12 August 2010 19:07
Homag Group AG / Change of Personnel
12.08.2010 19:07
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Schopfloch, August 12, 2010. Mr. Andreas Hermann, member of the management
board responsible for finance, IT and human resources (CFO), asked the
supervisory board to end his contract prematurely for personal reasons and
will accordingly leave Homag Group AG of his own volition and by mutual
agreement as of March 31, 2011.
The supervisory board of Homag Group AG would like to expressly thank
Andreas Hermann for his work and his special contribution to the further
development of the HOMAG Group. This also extends in particular to his
great commitment to the successful IPO in 2007 in which he was
instrumental.
The supervisory board has already started looking for a suitable successor.
The company will announce on a timely basis when the position has
successfully been filled. As Mr. Hermann is not leaving the company until
March 31, 2011, this will ensure a seamless handover to the new CFO.
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Information and Explaination of the Issuer to this News:
Background information
With its 16 specialized production companies worldwide, 20 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 plants and machinery for the
woodworking and wood materials 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.
Weitere Informationen:
HOMAG Group AG
Investor Relations
Simone Müller
Tel.: +49 7443 13-2034
simone.mueller@homag-group.de
www.homag-group.de
12.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: 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 Hamburg, München, Düsseldorf, Berlin, Stuttgart, Hannover
End of News DGAP News-Service
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