DGAP-News: KAP AG
/ Key word(s): Personnel
KAP AG: Personnel Changes
01.10.2019 / 14:53
The issuer is solely responsible for the content of this announcement.
KAP AG PERSONNEL CHANGES
Fulda, 30 September 2019 - KAP AG's CEO, Guido Decker, has resigned at his own request effective 30 September 2019.
The Supervisory Board appointed Mr Uwe Stahmer as interim member of the Management Board effective 1 October 2019. Mr Stahmer's Supervisory Board mandate will be suspended during his term on the Management Board.
"Guido Decker instigated the necessary strategic reorientation of KAP AG and set a strategic course for sustainable success," said Chairman of the Supervisory Board Christian Schmitz. "We regret his decision and would like to thank him for his exceptional dedication, and wish him all the best for his personal and professional future."
Contact:
Kirchhoff Consult AG
Michael Werneke
E: michael.werneke@kirchhoff.de
T: +49 40 609 186 34
About KAP AG
KAP AG is a mid-sized industrial group with approximately 3,000 employees. In the engineered products, flexible films, IT/services, surface technologies and precision components segments, we develop innovative industrial products and technological solutions for international companies from trade and industry. As a result of our dedicated long-term strategy, we serve attractive niche markets with sustainable growth potential. Our focus is on the establishment of high-margin industrial segments and their development into highly specialised market leaders. As a reliable partner in the context of succession planning, we also acquire attractively positioned SMEs with a view to strengthening our existing segments or developing new ones. Our shareholders benefit from our company's growth trajectory through our earnings-based dividend policy.
01.10.2019 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.