The chairman of the management board of Heidelberg, Dr Gerold Linzbach has informed the company’s supervisory board today that he will seeking an extension of his contract.
Dr Gerold Linzbach, chairman of the management board of Heidelberg until August next year
Aged 60, Linbach says he aims to pursue new professional challenges. Heidelberg says that, ensuring an orderly handover of functions, Linzbach will continue to serve the company until the scheduled end of his contractual term in August 2017 and that, after Heidelberg’s 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. The supervisory board has released a statement saying it respects Linzbach’s decision, which it has accepted with great regret. At the same time, it has expressed its appreciation for Linzbach’s intensive work and strong dedication in particular in connection with the successful repositioning. It adds that Linzbach had a strong commitment to the company and has lead Heidelberg into a new direction which is geared towards sustainable profitability and establishes the base for further growth, in particular in the segments digital, services and packaging. It concludes that, following the successful repositioning, Linzbach will dedicate his time to other entrepreneurial targets and start a new career phase of his life.
