Dr. Ludwin Monz on taking over as CEO of Heidelberger Druckmaschinen AG: „We have to make our technological expertise available for new markets in a targeted manner.“

After more than ten years at the helm of Carl Zeiss Meditec AG, Ludwin Monz is taking over management duties and will continue to drive forward Heidelberg’s strategic realignment. In the future, he will continue the chosen path of opening up new markets with core competencies: "Our task is to use our technological strength to generate new business. To do this, we have to sustainably increase profitability and resilience and make our existing technological expertise available for new markets in a targeted manner," says Ludwin Monz. The printing industry and its structures are changing at a rapid pace. However, customers‘ expectations of Heidelberg remain high. "The important goal is therefore not to stand still in our own development," emphasizes Ludwin Monz. "We want to prioritize our strategy and the expansion of our leading position in our core markets even more closely in line with customer needs. Because our claim is to always be the best partner for our customers."

Dr. Ludwin Monz is a recognized leader in German industry with capital market experience. He has had a long and successful career in technology companies, including positions as head of development as well as management of various business units.

"We are delighted to be able to hand over the chairmanship of the Management Board to the experienced hands of Ludwin Monz," says Dr. Martin Sonnenschein, Chairman of the Supervisory Board of Heidelberger Druckmaschinen AG. "With his distinctive expertise in cutting-edge technologies and innovations, he will continue to drive the growth and realignment of the company. We would like to thank Rainer Hundsdörfer for his outstanding achievements and high level of commitment until the end of his term of office. With the successful establishment of e-mobility as a new business area, he has had a decisive influence on the realignment of the company."

Important note:

This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macro-economic situation, in the exchange rates, in the interest rates, and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.