The chairman of the Management Board of Heidelberger Druckmaschinen AG (Heidelberg), Dr. Gerold Linzbach (60), has informed the Supervisory Board that, following the successful turnaround, he would not be seeking the extension of his contract and aims at pursuing new professional challenges.
Ensuring an orderly handover of functions, he will continue to serve the company until the scheduled end of his contractual term in August 2017 and, after Heidelberg’s successful restructuring, remains fully committed to promoting the Group’s strategic advancement together with his team. This allows the Supervisory Board sufficient time to find a suitable replacement.
Following the successful repositioning, Dr. Linzbach will dedicate his time to other entrepreneurial targets and start a new career phase of his life.