Heidelberg announces management changes

Above: Jürgen Otto will become the new CEO of Heidelberger Druckmaschinen AG on July 1, 2024

Heidelberger Druckmaschinen AG has announced a series of management changes, including the appointment of Jürgen Otto as new CEO, following the resignation of Dr. Ludwin Monz.

Otto will become the new CEO of Heidelberger Druckmaschinen AG, effective from 1 July, 2024. He succeeds Monz, who will resign from his position as chairman of the management board at his own request and in agreement with the supervisory board. At the end of June 30, 2024, Monz will step down from the management board of Heidelberg.

“We very much regret Dr. Ludwin Monz’s decision to leave Heidelberg,” said chairman of the supervisory board, Dr. Martin Sonnenschein.

“He has decisively advanced our company strategically and operationally and thus strengthened our foundation in a difficult market environment. With Jürgen Otto, we are gaining a proven leader. With his experience and network, we will continue to consistently prepare HEIDELBERG for the future, increase profitability and further strengthen our significant technological expertise in the printing and packaging industry and beyond.”

Otto brings decades of experience in the sustainable orientation of large industrial companies, complemented by experience in the field of turnaround management in the recent years.

Looking ahead to his upcoming role, Otto said “Heidelberg is an icon of German industry with product quality and service expertise that is appreciated worldwide. I am looking forward to becoming part of HEIDELBERG and working together with the management team around Tania von der Goltz and David Schmedding as well as all employees on a successful future for the company.”

Dr David Schmedding, currently head of sales, will become a new member of the management board of as chief sales and service officer

At its meeting earlier this month, the supervisory board of Heidelberger Druckmaschinen AG also expanded its management board. Dr David Schmedding, previously head of sales, will join the management board as a new member.

As of 1 July, the management board will consist of Jürgen Otto as CEO, Tania von der Goltz as chief financial officer, and Dr David Schmedding as chief sales and service officer.

Commenting on the appointment of Schmedding, Dr Martin Sonnenschein said Schmedding is an accomplished Heidelberg resident.

“With his appointment to the management board, we will place an even stronger focus on convincing our customers with innovative, high-quality products and services and advancing their performance in the future,” said Sonnenschein.

“I would like to thank everyone for the trust they have placed in me and look forward to the task of helping to shape Heidelberg as a member of the management board on its way forward and to further develop it in the interests of our customers.”

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