Koenig & Bauer : strengthens the positions of Dr Andreas Pleßke and Dr Stephen Kimmich
December 19, 2023 at 08:28 am EST
Share
Dr Andreas Pleßke to be Chief Executive Officer from 1 January 2024
Dr Stephen Kimmich, CFO, to be Deputy Chief Executive Officer from 1 January 2024
At its meeting on 7 December 2023, the Supervisory Board of Koenig & Bauer AG, Würzburg ("Koenig & Bauer", WKN: 719350 / ISIN: DE0007193500), a leading global technology provider with a focus on special printing applications, particularly in the packaging sector, appointed Dr Andreas Pleßke to the position of Chief Executive Officer with effect from 1 January 2024. Dr Pleßke has been a member of Koenig & Bauer AG's Management Board since 2014 and spokesman for the Management Board with responsibility for the Special segment since 2021. At the same time, Dr Stephen Kimmich, Chief Financial Officer, has also been appointed Deputy Chief Executive Officer effective 1 January 2024. Dr Kimmich has been Chief Financial Officer since 2020. There are no changes to the responsibilities of the other members of the Management Board, Christoph Müller (responsible for the Digital & Webfed segment), Ralf Sammeck (responsible for the Sheetfed segment) and Michael Ulverich (COO). Similarly, the contract durations continue to apply unchanged. The Supervisory Board has not taken any further decisions regarding the composition of the Management Board.
As Prof. Dr - Ing Raimund Klinkner, Chairman of the Supervisory Board, states: "Dr Pleßke and Dr Kimmich have successfully guided the company with their colleagues over the past few years, some of which have not been easy, and have set a decisive course for the future. I am therefore delighted that this decision will now strengthen both key positions and the roles of the two Management Board members."
KBA - Koenig & Bauer AG published this content on 19 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 December 2023 13:27:08 UTC.
Koenig & Bauer AG is a Germany-based printing press manufacturer. The Company operates in two business segments: web and special presses, and sheetfed offset presses. The business segment web and special presses encompass newspaper, commercial, digital, banknote, and security presses, systems for industrial coding, as well as presses for the direct decoration of glass and flexible packaging. The business segment sheetfed offset presses constitute commercial, book, poster, packaging, and metal-decorating presses and presses for printing on film and electronic data storage devices.