Ad hoc announcement according to Sec. 15 WpHG [“Wertpapierhandelsgesetz”: German Securities Trading Act]
HOMAG Group AG: Change of CEO
The current CEO of HOMAG Group AG, Dr. Markus Flik, is stepping down from the management board of his own volition and by mutual agreement with the company effective November 30, 2014. A corresponding termination agreement was signed today.
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At its meeting today, the supervisory board also appointed Mr. Ralph Heuwing, CFO of Dürr AG, as a new member of the management board of HOMAG Group AG with effect as of October 27, 2014; Mr. Heuwing will assume the position of CEO on December 1, 2014.