Heidelberg has appointed Dr Ludwin Monz to take the reins as its new chief executive officer.

He will succeed Rainer Hundsdörfer from April 1, 2022. Dr Martin Sonnenschein, chairman of the Supervisory Board, says, “The Supervisory Board of Heidelberg would like to thank Rainer Hundsdörfer for his extraordinary commitment as chief executive officer of the company. He has succeeded in steering the Company successfully through the Covid-19 crisis. At the same time, he has set the course for the company’s further strategic development.”

Hundsdörfer acknowledges the trusting cooperation with the Supervisory Board as well as within the company. He says, “These have been very challenging years here at Heidelberg. We successfully defied the pandemic and strategically realigned Heidelberg through our successful transformation. I am proud to be part of the Heidelberg family. I wish my successor Ludwin Monz a good start to the new financial year and continued success.”

Strategic realignment

Monz is currently chairman of the Management Board of Carl Zeiss Meditec. He will leave that position on December 31, 2021. Sonnenschein, says, “With this appointment, Heidelberg is gaining a suitable face to drive forward its strategic realignment. Above all, he is a proven expert in high technology and innovation with capital market experience.”

After studying and obtaining a doctorate in physics at the University of Mainz, 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 as a scientist. Also, he is an MBA graduate of Henley Management College in the UK. In 1994, he joined Zeiss as a scientist. Later, he became head of Geodetic Systems Development, then overall head of the business unit. In 2000, he then moved to the Medical Technology division of Zeisss.

He looks forward to the chance to take the reins at Heidelberg. the new role. He says, “For me, Heidelberg is a flagship of German mechanical engineering. I see enormous potential for the future in the broad expertise of its employees, its widely branched global organization, and its long-established brand.”

In addition, Heidelberg will extend the Management Board contract with chief financial officer Marcus A. Wassenberg until 2027. Heidelberg says it is relying on continuity with regard to the financial stability achieved and the strategic realignment initiated by the successful transformation. Sonnenschein adds, “Under the direct leadership of Marcus A. Wassenberg, Heidelberg has successfully implemented its transformation programme. Measures introduced are showing measurable success. In conclusion, we look forward to a successful future together.”

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