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Product category: Printing Presses and Machinery (New and Used, Service and Repair)
News Release from: Heidelberg
Edited by the Printingtalk Editorial Team on 30 June 2004

Heidelberg Completes Re-Shuffle Of Two
Boards

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Heidelberg has made changes in its supervisory management boards.

Heidelberg has made changes in its supervisory management boards Dr Mark Wossner is to succeed Dr Klaus Sturany as chairman of the supervisory board

He is chairman of Citigroup Global Markets Deutschland AG and Co KgaA and had been chairman of the management board for Bertelsmann AG from 1982 until1998, and subsequently became chairman of Bertelsmann's supervisory board in 2000.

He is also a member of various supervisory boards, among them Daimler Chysler AG.

Following RWE's sale of its share in Heidelberg, the current chairman, Dr Klaus Sturany, will resign as chairman of the supervisory board after the shareholders' meeting on July 21.

Sturany, who is chief financial officer of RWE, will remain a member of Heidelberg's supervisory board.

Jan Zilius another member of the RWE management board, will resign from Heidelberg's supervisory board at the same time as his RWE colleague Sturany.

Dr Jurgen Rautert has been appointed as a regular member of the supervisory board responsible for engineering and manufacturing, and his post will become effective on July 1.

The supervisory board has now complied with Dr Klaus Spiegel's request to discharge him from the management board as of June 30 in a mutual agreement on good terms.

Spiegel will leave the company, but will remain connected to Heidelberg as advisor regarding future market requirements.

As of July 1, Heidelberg's new management board will consist of chief executive officer Bernhard Schreier (50), chief financial officer Dr Herbert Meyer (57) and engineering and manufacturing chief Dr Jurgen Rautert (45).

Dr Sturany, in commenting on the changes said: "As Heidelberg's new alignment has been completed in almost all aspects, the supervisory board's decisions now have set the scene for the new management board.

We wish the team under Bernhard Schreier's leadership a good hand at accomplishing the operative tasks ahead.".

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