Dr Ludwin Monz replaces Rainer Hundsdörfer as Heidelberg CEO

The Supervisory Board appointed Dr. Ludwin Monz to succeed Rainer Hundsdörfer as Heidelberg's new CEO effective Apr 1, 2022. Source ZEISS

A printing release from the company dated 28 October 2022 states that Heidelberg'south Supervisory Board has appointed Dr Ludwin Monz (58) every bit the new CEO to succeed Rainer Hundsdörfer (65). Ludwin Monz will have over from Hundsdörfer at the showtime of the new financial year on 1 April 2022.

"The Supervisory Board of Heidelberg would similar to thank Rainer Hundsdörfer for his extraordinary commitment as CEO of the visitor. He has succeeded in steering the company successfully through the Covid-xix crisis, while at the aforementioned time setting the form for the visitor'south further strategic development and establishing new business organisation such as eMobility," said Dr Martin Sonnenschein, chairman of the Supervisory Board.

Rainer Hundsdörfer, master executive officer of Heidelberg.

For his part, Rainer Hundsdörfer acknowledged the trusting cooperation with the Supervisory Board too as inside the company. "These have been very challenging years hither at Heidelberg. We successfully defied the pandemic and strategically realigned Heidelberg through our successful transformation. I am proud to be role of the Heidelberg family unit. I wish my successor Ludwin Monz a practiced starting time to the new financial twelvemonth and continued success."

Dr Ludwin Monz is chairman of the Direction Board of MDAX-listed Carl Zeiss Meditec until the end of 31 Dec 2021. "With the appointment of Ludwin Monz, Heidelberger Druckmaschinen is gaining a suitable face to bulldoze forward its strategic realignment," emphasizes Dr Martin Sonnenschein. "He is a proven expert in high technology and innovation with capital market experience."

Heidelberg'due south new chief executive officeholder experience cycle

Dr Monz has been a member of the Direction Board of Carl Zeiss Meditec AG since 2007 and has been chairman of the Direction Board since 2010. He was also appointed to the Group Management Lath of Carl Zeiss with event from 1 January 2014. After studying and obtaining a doctorate in physics at the Academy of Mainz, Dr Monz went on to the National Institute of Standards and Technology in Gaithersburg, USA, and the Gesellschaft für Schwerionenforschung GSI, in Darmstadt, where he worked equally a scientist. He is also an MBA graduate of Henley Direction College in the UK. In 1994, he joined ZEISS as a scientist. 2 years later, he became head of Geodetic Systems Development, then overall head of the business unit of measurement. In 2000, he then moved to the Medical Engineering science segmentation of ZEISS.

Looking ahead to his new function, Dr Ludwin Monz comments, For me, Heidelberger Druckmaschinen is a flagship of German mechanical engineering. I encounter enormous potential for the future in the broad expertise of its employees, its widely branched global organization, and its long-established brand."

In improver, information technology is planned to extend the Management Lath contract with main fiscal officer Marcus A Wassenberg until 2027 as scheduled. With this conclusion, Heidelberg is relying on continuity with regard to the financial stability achieved and the strategic realignment initiated by the successful transformation. "Under the direct leadership of Marcus A Wassenberg, Heidelberg's transformation program has been successfully implemented. Measures introduced are showing measurable success. We await forward to a successful future together," said Dr Martin Sonnenschein.

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