New Heidelberg CEO Monz takes over

The new CEO of press giant Heidelberg, Ludwin Monz, has now succeeded Rainer Hundsdörfer at the helm of the company, with the intent to continue to drive forward Heidelberg's strategic realignment.

Monz takes the top job after ten years heading Carl Zeiss Meditec. Hundsdörfer has stepped down after six years with Heidelberg, during which time it went through momentous changes, and ended up back in the black.

Monz says he will continue the chosen path of opening up new markets with core competencies, "Our task is to use our technological strength to generate new business. To do this, we have to sustainably increase profitability and resilience and make our existing technological expertise available for new markets in a targeted manner.”

Heidelberg says the printing industry and its structures are changing at a rapid pace, and says customers' expectations of Heidelberg remain high. "The important goal is therefore not to stand still in our own development," emphasises Monz. "We want to prioritise our strategy and the expansion of our leading position in our core markets even more closely in line with customer needs. Because our claim is to always be the best partner for our customers."

Dr Monz is a recognised leader in German industry with capital market experience. He has had a long and successful career in technology companies, including positions as head of development as well as management of various business units.

"We are delighted to be able to hand over the chairmanship of the Management Board to the experienced hands of Ludwin Monz," says Dr Martin Sonnenschein, chairman of the Supervisory Board of Heidelberger Druckmaschinen. "With his distinctive expertise in cutting-edge technologies and innovations, he will continue to drive the growth and realignment of the company.

“We would like to thank Rainer Hundsdörfer for his outstanding achievements and high level of commitment until the end of his term of office. With the successful establishment of e-mobility as a new business area, he has had a decisive influence on the realignment of the company."

Hunsdorfer’s time saw Heidelberg focus on its sheetfed offset presses in the B1 and B2 format size, and on its finishing solutions, along with the expansion of its partnership with its Chinese investor Masterworks. It also launched into electric vehicle charging, with its e-mobility solution now one of the market leading products.