Public disclosure of inside information according to article 17 MAR
Koenig & Bauer AG: Dr. Stephen Kimmich appointed successor to Dr. Andreas Pleßke as CEO and Dr. Alexander Blum as new CFO
Würzburg (pta032/20.03.2025/16:15 UTC+1)
Würzburg, 20 March 2025 – In today's meeting, the Supervisory Board of Koenig & Bauer AG ("Koenig & Bauer", WKN: 719350 / ISIN: DE0007193500) resolved that Dr Stephen Kimmich, Chief Financial Officer and Deputy Chairman of the Executive Board, will succeed the current Chairman of the Executive Board, Dr Andreas Pleßke, at the Annual General Meeting on 4 June 2025. Dr Pleßke will retire as planned on 31 December 2025, and will assume special tasks within the Group as a member of the Executive Board until then. Dr Kimmich's appointment is for a term of five years.
Furthermore, the Supervisory Board has appointed Dr Alexander Blum as the new Chief Financial Officer (CFO) for a term of three years, effective 1 July 2025. He will take over the position of the current CFO, Dr Stephen Kimmich. Dr Blum will begin his work at Koenig & Bauer on 1 May 2025, to ensure a smooth transition of the future CEO and CFO roles.
This marks rapid progress in the Group's restructuring announced in November 2024, which essentially envisages a reduction from three to two business segments and a reduction of the Executive Board from five to two members.
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Emitter: |
Koenig & Bauer AG Friedrich-Koenig-Straße 4 97080 Würzburg Germany |
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Contact Person: | Lena Landenberger | |
Phone: | +49 931 909-4085 | |
E-Mail: | lena.landenberger@koenig-bauer.com | |
Website: | www.koenig-bauer.com | |
ISIN(s): | DE0007193500 (Share) | |
Stock Exchange(s): | Regulated Market in Frankfurt, Munich; Free Market in Berlin, Dusseldorf, Hamburg, Hannover, Stuttgart, Tradegate |