Corporate | 17 December 2010 08:24
Homag Group AG / Key word(s): Change of Personnel
Changes to the management board of HOMAG Group AG
17.12.2010 / 08:24
Schopfloch, December 17, 2010. At its meeting today, the supervisory board
of HOMAG Group AG appointed Dr. Markus Flik as the future CEO and
Hans-Dieter Schumacher as CFO. 'We are convinced that with our two new
board members we are very well equipped to continue on the Company's
successful development path,' said the supervisory board's chairman,
Torsten Grede. 'With Dr. Markus Flik and Hans-Dieter Schumacher, we have
gained two outstanding leaders with international experience.'
Dr. Markus Flik was most recently CEO of Behr GmbH & Co. KG. After
completing his studies in mechanical engineering and an engagement at the
Massachusetts Institute of Technology, Cambridge, USA, Dr. Markus Flik
joined Behr GmbH & Co. KG in 1992, where he held various positions,
including chairman of the management board from 2003 and CEO from 2006. Dr.
Markus Flik will join the management board of Homag Group AG as of April 1,
2011 and become its chairman as of July 1, 2011. After 12 successful years
on the management board, since 2009 as CEO, Rolf Knoll will retire as
planned, but will continue to serve the Company in a consulting capacity.
'Since his appointment to the management board in 1999, Rolf Knoll has made
a major contribution to the Company's successful development over more than
a decade, including successfully navigating the Company through the
economic crisis towards the end of his term of service,' said the chairman
of the supervisory board, Torsten Grede. 'We thank him for his immense
contribution and are delighted that he will continue to support the Company
with his wealth of knowledge.'
Hans-Dieter Schumacher was most recently CFO of Sto AG. Following his
studies in business management, Hans-Dieter Schumacher held various
managerial positions at Villeroy & Boch AG, Mannesmann Handel AG and
Aesculap AG & Co. KG. He held the position of CFO at Sto AG from 2003.
Hans-Dieter Schumacher will join the management board as of January 15,
2011 and replace Andreas Hermann as CFO as of April 1, 2011. In August
2010, Andreas Hermann asked the supervisory board to terminate his
employment agreement prematurely as of March 31, 2011 for personal reasons.
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.
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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 timber frame 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.
HOMAG Group AG
Investor Relations
Kathrin Kramer
Phone: +49 7443 13-3125
kathrin.kramer@homag-group.com
www.homag-group.com
End of Corporate News
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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
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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