KAP AG: Eckehard Forberich to be appointed as a new member and Spokesman of the Management Board as of 1 March 2020
February 28, 2020 at 03:45 am EST
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KAP AG: Eckehard Forberich to be appointed as a new member and Spokesman of the Management Board as of 1 March 2020
28.02.2020 / 09:39
The issuer is solely responsible for the content of this announcement.
KAP AG: ECKEHARD FORBERICH TO BE APPOINTED AS A NEW MEMBER AND SPOKESMAN OF THE MANAGEMENT BOARD AS OF 1 MARCH 2020
Fulda, 28 February 2020 - The KAP AG Supervisory Board has appointed Eckehard Forberich as a new member and Spokesman of the Management Board with effect as of 1 March 2020. Uwe Stahmer, who had been appointed to a temporary member of the Management Board as of 1 October 2019, will resign his position with the appointment of the new member and will resume his position on the Supervisory Board, which had been put on hold while he served on the Management Board.
Physics and business graduate Eckehard Forberich (53) has garnered extensive experience from a range of management positions, including as a partner at the management consultancy Roland Berger, as a management board member at Deutsche Steinzeug Cremer & Breuer and as a managing director of automotive supplier Uniwheels. In the beginning of his career, he worked in investment banking at Deutsche Bank AG. Within these roles, he was responsible for strategy development, portfolio management, measures management, programme management and cost management, among other things. Closely connected with this were the topics of expansion financing and capital markets. He was primarily concerned with issues relating to technologies from the metal and plastics processing industries as well as chemicals and technical services.
Chairman of the Supervisory Board at KAP AG, Christian Schmitz, emphasises: "We are sure that, with his many years of management experience and extensive expertise from a range of different industries, we have obtained a highly qualified Spokesman of the KAP AG Management Board in Mr Forberich. We would also like to thank Mr Uwe Stahmer for his dedication and business commitment as temporary member of the Management Board. We are delighted that he will now be supporting us as a member of the Supervisory Board again."
"I see my role as the Spokesman of the KAP Management Board as an exciting challenge and I'm looking forward to contributing my experience and expertise profitably for the company. It's my aim to systematically develop KAP AG and its investment portfolio and to boost the value of the company over the long term," says Eckehard Forberich upon his appointment as a new member and Spokesman of the Management Board.
Contact
KAP AG
Dr Alexander Riedel
E: a.riedel@kap.de
T: +49 661 103 590
About KAP
KAP AG is a mid-sized German industrial group with approximately 3,000 employees. We specialise in engineered products, flexible films, IT/services, surface technologies and precision components, developing innovative industrial products and technological solutions for international companies from trade and industry. As a result of our dedicated long-term business strategy, we serve a number of attractive niche markets with sustainable growth potential. Our focus is on developing market-leading, specialised, and high-margin industrial product lines within these segments. As a reliable partner in the context of succession planning, we also acquire attractively positioned medium-sized family companies with a view to strengthening our existing segments or developing new ones. Holders of KAP shares benefit from our company's growth trajectory and continuous dividend policy.
28.02.2020 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.
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Language:
English
Company:
KAP AG
Edelzeller Straße 44
36043 Fulda
Germany
Phone:
06611030
Fax:
0661103830
E-mail:
office@kap.de
Internet:
www.kap.de
ISIN:
DE0006208408
WKN:
620840
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
Kap AG, formerly KAP Beteiligungs AG, is a Germany-based industrial holding company. The Company invests in small and medium companies in need of a new ownership structure, with focus on segments, such as engineered products, flexible films, precision components, surface technologies, as well as information technology (IT) and services. Engineered products segment offers technical threads and scrims for products, such as tires, fire retardants and medical solutions. Flexible films segment manufactures films for application in medical products, packaging and construction, among others. Precision components segment provides products, such as gears and drives, for the automotive and machining industry. Surface technologies segment provides electroplating and other metal finishing solutions. In the IT/services segment, Kap AG invests in business providing big data, data analytics and industry 4.0 solutions. Its portfolio companies have production and sales locations in various countries.
KAP AG 
