Supplier News - August 2012

PEOPLE

The Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg) has appointed Dr. Gerold Linzbach as chief executive officers with effect date from September 1, 2012. He will be replacing Bernhard Schreier who will be leaving the company at the end of 2012.

"I would like to thank Bernhard Schreier for his achievements as Heidelberg CEO. In a career spanning a total of 37 years, 13 of them as CEO, he has truly made his mark on the company and has succeeded in guiding it through two major global economic crises and structural upheaval in the printing industry," said Robert J. Koehler, chairman of the Supervisory Board. "In Dr. Gerold Linzbach, we are delighted to have found a successor with international experience to press ahead with the company's strategic reorientation and ensure its return to profitability. Dr. Linzbach has many years of management and capital market expertise, which will help pave the way for a successful future at Heidelberg," he added.