Heidelberg, Germany – June 5, 2024 – Heidelberger Druckmaschinen AG (HEIDELBERG), a global leader in the printing industry, announced today a change in leadership and an expansion of its Management Board. Effective July 1, 2024, Jürgen Otto will succeed Dr. Ludwin Monz as Chief Executive Officer (CEO). Dr. Monz has chosen to step down from his role as Chairman of the Management Board and will leave the board entirely by June 30, 2024.
In addition, Dr. David Schmedding, currently Head of Sales at HEIDELBERG, will join the Management Board as Chief Sales and Service Officer, effective July 1, 2024.
New Leadership, Continued Growth:
Dr. Martin Sonnenschein, Chairman of the Supervisory Board, acknowledged Dr. Monz's significant contributions to HEIDELBERG: "We are grateful for Dr. Monz's strategic and operational leadership, which has strengthened our company's foundation in a challenging market."
Incoming CEO Jürgen Otto brings extensive experience in transforming industrial businesses toward sustainability, including expertise in turnaround management. He expressed confidence in HEIDELBERG's future, stating: “HEIDELBERG is a respected leader in the global printing industry. I am honored to join this team and look forward to working with the management and employees to build on this strong foundation and drive the company toward continued success.”
Dr. Monz expressed his appreciation for the opportunity to lead HEIDELBERG and thanked the Supervisory Board, management team, and employees for their support and collaboration.
Strengthening Customer Focus:
The appointment of Dr. David Schmedding to the Management Board underscores HEIDELBERG's commitment to delivering innovative, high-quality products and services that meet the evolving needs of its customers. Dr. Sonnenschein noted, “Dr. Schmedding's deep knowledge of our company and industry will be invaluable as we further strengthen our customer focus and drive growth."
Dr. Schmedding expressed his gratitude for the appointment and his commitment to shaping HEIDELBERG's future alongside his colleagues on the Management Board.
About Heidelberger Druckmaschinen AG:
HEIDELBERG is a global leader in the printing industry, providing innovative technologies and solutions for commercial, packaging, and label printing. The company's comprehensive portfolio includes presses, prepress and postpress equipment, software, consumables, and consulting services. HEIDELBERG is dedicated to driving innovation, sustainability, and customer success in the printing industry.
Media Contact:
Florian Pitzinger
Corporate Communications
Heidelberger Druckmaschinen AG
Phone: +49 151 67968774
Email: Florian.Pitzinger@heidelberg.com
Investor Relations Contact:
Maximilian Beyer
Investor Relations
Heidelberger Druckmaschinen AG
Phone: +49 6222 82-67120
Email: Maximilian.Beyer@heidelberg.com