Homag Group AG
Homag Group AG: Pekka Paasivaara to take the helm as sole CEO of HOMAG Group AG
Homag Group AG / Key word(s): Change of Personnel Pekka Paasivaara to take the helm as sole CEO of HOMAG Group AG Schopfloch, August 31, 2015. With effect as of August 31, 2015, Ralph Heuwing is stepping down as planned from HOMAG Group AG’s management board, on which he has served as CEO since December 2014. Pekka Paasivaara, who had served as joint-CEO together with Heuwing since June 15, 2015, is thus taking over as sole CEO of HOMAG Group AG with effect as of September 1, 2015. Going forward, Ralph Heuwing will resharpen his focus on his role as CFO of Dürr AG. In addition, he will join the supervisory board of HOMAG Group AG and take over its chairmanship from Ralf W. Dieter, CEO of Dürr AG. Ralf W. Dieter will, however, remain on the HOMAG Group’s supervisory board. Ralph Heuwing: “The HOMAG Group is on a favorable course having completed the process of integration into the Dürr Group. It is therefore a good time to hand over the helm to Pekka Paasivaara. He will drive forward the company’s realignment under the ONE HOMAG guiding principle with full power and put it on a sustainable footing. As an active chairman of the supervisory board, I will continue to personally and closely accompany the HOMAG Group’s development.” Pekka Paasivaara: “I would like to express my gratitude to Ralph Heuwing for our productive collaboration, which we will build on. With his successful work, he has laid an excellent foundation for the coming changes in the HOMAG Group. Together with the management board team, I will drive forward and shape this process.” Company background Disclaimer Further information: HOMAG Group AG 2015-08-31 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. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
390693 2015-08-31 |