Packaging

Heidelberg Expands Management Board

Stephan Plenz, newly appointed member of the Management Board responsible for technology.

Monday 05. May 2008 - Stephan Plenz joins the Management Board Management Board tasks and responsibilities reorganized

The Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg) has appointed Stephan Plenz (43) to the Management Board. The appointment will take effect from July 1, 2008. Over the past 14 years, Stephan Plenz has held various senior positions at Heidelberg. He was appointed manager of the Wiesloch-Walldorf site in April 2006, and is responsible for global production.

The decision has also been taken to reorganize the roles and responsibilities of the four Management Board members.

The Chairman of the Management Board, Bernhard Schreier (54), will now focus on the strategic development of Heidelberg, acquisitions, communications, and compliance. He also retains his role as Personnel Director.

Responsibility for sales, which was previously held by Bernhard Schreier, now passes to Dr. Jürgen Rautert (49), who will also continue to oversee customer and market-focused activities, product management, and marketing, and will drive forward expansion in the fields of services and consumables.

As the newly appointed member of the Management Board responsible for technology, Stephan Plenz will be in charge of research and development, production, and purchasing. In this role, he will work to further expand production capacities in China and develop international sourcing.

There will be no structural changes in the finances sector. In addition to his usual responsibilities, CFO Dirk Kaliebe (42) will also be responsible for the planned measures aimed at boosting efficiency.

“We have ambitious goals, which the Supervisory Board supports. That is why it has approved the expansion of the Management Board,” explains Bernhard Schreier, Heidelberg CEO. “By reassigning Management Board responsibilities, we are underpinning our programs for business expansion. We want to drive forward expansion in the fields of services and consumables, further enhance the international character of production and sourcing, effectively implement efficiency-enhancing programs, and increase our attractiveness to the capital market.”

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