DGAP-News: Homag Group AG / Key word(s): Change of Personnel
Change of CEO and on the supervisory board of Homag Group AG
27.10.2014 / 19:00
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Change of CEO and on the supervisory board of Homag Group AG
- Dr. Markus Flik steps down from management board of his own volition
- Dürr CFO Ralph Heuwing to become CEO
- Ralf W. Dieter new chairman of supervisory board
- Additional changes on the shareholders' side of the supervisory board
Schopfloch, October 27, 2014. The CEO of HOMAG Group AG, Dr. Markus Flik,
is stepping down from the management board of HOMAG Group AG of his own
volition as of November 30, 2014, in order to take on a new professional
challenge.
Dr. Markus Flik on leaving the company: "The HOMAG Group is on a good path.
This will continue to be the case as part of Dürr. I enjoyed working
together with the colleagues in the HOMAG Group in the past three and a
half years - an excellent team. My decision to step down as a member of the
management board and CEO of HOMAG Group AG is a purely personal one."
The supervisory board appointed Dürr CFO Ralph Heuwing as a new member of
the management board with effect as of October 27, 2014. Mr. Heuwing will
assume the position of CEO on December 1, 2014. On the HOMAG management
board he will work closely with the current members Harald Becker-Ehmck,
Jürgen Köppel and Hans-Dieter Schumacher. "There are excellent
professionals working at HOMAG. The company has a strong market position
and impressive products. HOMAG has great potential that we plan to exploit
together with the HOMAG team," Ralph Heuwing said. Ralph Heuwing will
continue his duties as CFO of Dürr AG at the same.
Ralf W. Dieter, CEO of HOMAG's majority shareholder Dürr and new chairman
of HOMAG Group AG's supervisory board, thanked Dr. Markus Flik for his
successful work over the past few years: "Dr. Flik enhanced technology at
HOMAG Group AG in the area of networked production as well as with a
comprehensive platform strategy and the introduction of an innovative user
interface (powerTouch). He also put HOMAG Group AG on a sustainable path to
growth and improved profitability. As a result, the share price of HOMAG
Group AG developed very positively during his time as CEO. We would like to
thank Dr. Flik for his successful work at HOMAG Group AG and regret his
decision to leave the Group. The supervisory board wishes him every sucess
and all the best personally and for his future career."
Following the completion of Dürr's acquisition of the majority shareholding
in HOMAG Group AG, there have been corresponding changes on the shareholder
side of HOMAG Group AG's supervisory board. The supervisory board members
to date Torsten Grede, Hans Fahr, Dr. Horst Heidsieck, Dr. Dieter Japs and
Thomas Keller have stepped down. New to HOMAG Group AG's supervisory board
are Ralf W. Dieter, Stuttgart, CEO of Dürr AG, Dr. Hans Schumacher,
Schönaich, CEO of Dürr Systems GmbH, Richard Bauer, Wentorf, CEO of Körber
AG, Dr. Anja Schuler, Zurich, medical specialist for psychiatry and
psychotherapy (FMH), and Dr. Jochen Berninghaus, Herdecke, lawyer, auditor,
tax advisor, law firm Spieker & Jaeger. All five new members were appointed
by court ruling of October 13, 2014 with immediate effect until the end of
the next annual general meeting. At the constituent meeting on October 24,
2014, Ralf W. Dieter was elected the new chairman of the supervisory board.
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Background information
With its 15 specialized production companies, 22 group sales and service
companies and approximately 60 exclusive sales partners worldwide, HOMAG
Group AG's position as a complete system supplier is unique. Backed by a
workforce of some 5,400 employees worldwide, the Company sees itself as the
leading global manufacturer of plant and machinery for the woodworking and
wood materials processing industry and cabinet makers active in the
production of furniture and construction elements as well as timber frame
houses. The Group also offers its customers a wide range of services,
including software and consulting services. HOMAG Group AG shares have been
listed on the Prime Standard of the Frankfurt stock exchange since July 13,
2007.
Disclaimer
This press release contains certain statements relating to the future.
Future-oriented statements are all those statements that do not pertain to
historical facts and events or expressions pertaining to the future such as
"believes", "estimates", "assumes", "forecasts", "intend", "may", "will",
"should" or similar expressions. Such future-oriented statements are
subject to risks and uncertainty since they relate to future events and are
based on current assumptions of the Company, which may not occur in the
future or may not occur in the anticipated form. The Company points out
that such future-oriented statements do not guarantee the future; actual
results including the financial position and the profitability of the HOMAG
Group as well as the development of economic and regulatory framework
conditions may deviate significantly (and prove unfavorable) from what is
expressly or implicitly assumed or described in these statements. Even if
the actual results of the HOMAG Group including the financial position and
profitability as well as the economic and regulatory framework conditions
should coincide with the future-oriented statements in this announcement,
it cannot be guaranteed that the same will hold true in the future.
Information:
HOMAG Group AG
Kai Knitter
Head of Corporate Communications & Investor Relations
Phone: +49 7443 13-2461
kai.knitter@homag-group.com
www.homag-group.com
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27.10.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Homag Group AG
Homagstr. 3-5
72296 Schopfloch
Germany
Phone: +49 (0)7443 / 13 - 0
Fax: +49 (0)7443 / 13 - 2300
E-mail: info@homag-group.com
Internet: www.homag-group.com
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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293583 27.10.2014
DGAP-News: Change of CEO and on the supervisory board of Homag Group AG
| Source: EQS Group AG