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HOMAG group happily welcomes Ralf W. Dieter as the new CEO

 Friday, December 18, 2020

HOMAG is pleased to welcome Ralf W. Dieter as the new CEO of Group. Gerhard Federer, member of the supervisory board of HOMAG Group AG, was elected as the new chairman of the supervisory board. Ralf W. Dieter was appointed CEO by the supervisory board of HOMAG Group AG at a recently held meeting, with effect from January 1, 2021. He will hold this position in addition to his function as CEO of Dürr AG.

In this context, Ralf W. Dieter will resign from his role as chairman of the supervisory board of HOMAG Group AG and his membership of the supervisory board as of December 31, 2020. At today’s meeting, Gerhard Federer was elected as the new chairman of the supervisory board of HOMAG Group AG from January 1, 2021.

Ralf W. Dieter: “Due to my long-standing function as chairman of the supervisory board of HOMAG Group, I know the company very well. I am very much looking forward to now taking over operational responsibility for the HOMAG Group.”

End of September, Pekka Paasivaara, the previous CEO of the HOMAG Group, announced he would not be available for a contract extension and will be leaving the company by mutual agreement on December 31, 2020. Ralf W. Dieter: “Pekka Paasivaara has played a major role in the further development of HOMAG. He has been particularly successful in driving forward the expansion of HOMAG´s international business.” As of January 1, 2021, the management board of HOMAG Group AG will consist of Ralf W. Dieter and CFO Rainer Gausepohl.

Dr. Jochen Weyrauch, member of the management board of Dürr AG, is to become member of the supervisory board of HOMAG Group AG. The application for the court appointment has been filed. Dr. Steffen Lorscheider, partner at legal consultants Spieker & Jäger, Dortmund, succeeds supervisory board member Dr. Jochen Berninghaus, who passed away earlier this year.

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