Heidelberg has moved to streamline its management structure, with its management board reduced to two people and a new executive committee introduced below them.
Heidelberg’s management board now consists of CEO Rainer Hundsdörfer and CFO Marcus A. Wassenberg. Directly below Mr Hundsdörfer and Mr Wassenberg sits the executive committee, which will be responsible for cross-product customer options and the operational functions.
Mr Hundsdörfer explained, ‘By merging our management board divisions and setting up an executive committee, we aim to make our internal processes even more efficient so that we can drive forward the ongoing realignment of Heidelberg with even more vigour.’
As part of these changes, Professor Dr Ulrich Hermann is leaving the company by mutual agreement.
Heidelberg supervisory board chairman Dr Martin Sonnenschein said, ‘Over the past three years, Ulrich Hermann has shaped the further development of Heidelberg with innovative impetus and valuable contributions.
‘With his important pioneering work in the realignment of the company, the successful introduction of digital business models in the IoT sector, the subscription business, and the establishment of the Heidelberg Digital Unit (HDU), he has laid a decisive foundation for the future direction of the company.
‘Following the strategic concept and entrepreneurial development work, further implementation can now be carried out by the operational management. With the new management structure, we will now use and drive forward the opportunities arising from changed business models, technological change and new customer requirements.’
