Press Release Company
22.03.2024|Change in agreement with the Supervisory Board

Change in the Management Board of DMG MORI AG

The Supervisory Board of DMG MORI AKTIENGESELLSCHAFT resolved a change in the composition of the Management Board on 18 March 2024.

Michael Horn, 52, resigns from his position as a member of the Management Board of DMG MORI AG with effect from the end of 31 March 2024 by mutual agreement with the Supervisory Board. Michael Horn has been a member of the Management Board of DMG MORI AG since May 2018, during which time he has been responsible for the areas of Production, Logistics, Quality and IT, driving them forward and successfully helping to shape the integration into the DMG MORI COMPANY LIMITED Group.

DMG MORI is a technology company with a special focus on technical innovations, process integration and automation – technical solutions are the focus for customers.

With his resignation, Michael Horn paves the way for a realignment of personnel.

The Supervisory Board would like to thank Mr. Horn for his many years of successful commitment and his great personal dedication to the benefit of the Company. It wishes Mr. Horn the best of luck and continued success for the future, both professionally and personally.

The Supervisory Board 

Disclaimer, Forward-looking statements

Disclaimer, Forward-looking statements

Company Profile // DMG MORI AG

DMG MORI is a leading global manufacturer of high-precision machine tools and is represented in 43 countries – with 116 sales and service locations, including 17 production plants. In the “Global One Company”, more than 13,000 employees are driving the development of holistic solutions in the manufacturing industry. Our portfolio covers sustainable manufacturing solutions based on the technologies Turning, Milling, Grinding, Boring as well as Ultrasonic, Lasertec and Additive Manufacturing. With technology integration, end-to-end automation and digitization solutions we make it possible to increase productivity and resource efficiency at the same time.

Forward-looking statements //

This (press) release contains forward-looking statements, which are based on current estimates of the management regarding future developments. Such statements are based on management's current expectations and certain assumptions. They are subject to risks, uncertainties and other factors, as well as to the effects of the war in Ukraine or other geopolitical conflicts, that could cause the actual circumstances, including the results of operations, financial position and net worth of DMG MORI AKTIENGESELLSCHAFT, to differ materially from or be more negative than those expressly or implicitly assumed or described in these statements. The business activities of DMG MORI AKTIENGESELLSCHAFT are subject to a range of risks and uncertainties, which may likewise render a forward-looking statement, estimate, or forecast inaccurate.

Should one of these factors of uncertainty or other unforeseeable event occur, or should the assumptions on which these statements are based prove incorrect, the actual results may differ materially from the results expressed, expected, anticipated, intended, planned, aimed at, estimated, projected or implied in these statements. Forward-looking statements must not be understood as a guarantee or assurance of the future developments or events contained therein.

There are two companies using the name “DMG MORI”: DMG MORI AKTIENGESELLSCHAFT with registered office in Bielefeld, Germany, and DMG MORI COMPANY LIMITED with registered office in Tokyo, Japan. DMG MORI AKTIENGESELLSCHAFT is an affiliated company of DMG MORI COMPANY LIMITED. This release refers exclusively to DMG MORI AKTIENGESELLSCHAFT. If reference is made in this release to the "group" or “DMG MORI AG“, this refers exclusively to DMG MORI AKTIENGESELLSCHAFT and its controlled companies within the meaning of Section 17 of the German Stock Corporation Act (Aktiengesetz – AktG). If reference is made to "DMG MORI" or the "Global One Company", this refers to the joint activities of DMG MORI COMPANY LIMITED and DMG MORI AKTIENGESELLSCHAFT including all subsidiary companies.