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German printing press manufacturer Koenig & Bauer AG has appointed Claus Bolza-Schünemann as president and CEO. Current president and CEO Helge Hansen plans to retire Oct. 31.
“Despite the very difficult circumstances, Helge Hansen has, with great expertise and his many years of experience, furthered the sound development of both earnings and finances at Koenig & Bauer AG, and has helped to position the company group for a successful future,” said supervisory board chairman Dieter Rampl. “We are expressly grateful to Helge Hansen for the fruitful cooperation, his great personal commitment and his excellent work for the good of the company. We wish him all the best for the future.”
Bolza-Schünemann currently serves as deputy president with executive responsibility for engineering and web press manufacturing.
“As an acknowledged press engineering expert, one of the branch's strategic visionaries and a representative of the founding family, Claus Bolza-Schünemann has all the qualifications necessary to take the helm and to uphold our continued development as the second-largest press manufacturer in the world. The supervisory board wishes him every success for the tasks to come,” Rampl said.
In addition, the supervisory board announced that CFO Dr. Axel Kaufmann will take on the duties of deputy president alongside his financial remit.
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