Press Release Company
06.12.2023|Leadership change in agreement with the Supervisory Board

Change in the Management Board of DMG MORI AG


The Supervisory Board of DMG MORI AG resolved a change in the position of Chief Financial Officer. Björn Biermann, 44, is resigning from his position as Chief Financial Officer of DMG MORI AG with effect from the end of 2023 by mutual agreement with the Supervisory Board. Over the past 15 years, including 8 years as a member of the Management Board, Björn Biermann has played a key role in shaping the finance department and helped 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, Björn Biermann is paving the way for a personnel realignment. 

Hirotake Kobayashi has been appointed Chief Financial Officer of DMG MORI AG with effect from 1 January 2024. The experienced manager has been with DMG MORI since October 2015. As a member of the Executive Board of DMG MORI COMPANY LIMITED and in his position as Executive Vice President & Director, he is responsible for accounting, finance and sales of the mother company. 

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

DMG MORI AKTIENGESELLSCHAFT
The Supervisory Board 

Disclaimer, Forward-looking statements

Disclaimer, Forward-looking statements

Company Profile // DMG MORI AG
DMG MORI is a worldwide leading manufacturer of high-precision machine tools and sustainable technologies that are at the center of global value chains. At DMG MORI AKTIENGESELLSCHAFT around 6,800 employees generate sales revenues of over € 2.3 billion. Together with the mother company DMG MORI COMPANY LIMITED, sales revenues amount to around € 3.4 billion. In the "Global One Company", more than 12,000 employees are in direct contact with over 100,000 customers from 57 sectors. DMG MORI is present in 88 countries worldwide with 16 production plants, 113 sales and service locations. 
 

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, 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 “DMG MORI“, 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 "Global One Company", this refers to the joint activities of DMG MORI COMPANY LIMITED and DMG MORI AKTIENGESELLSCHAFT including all subsidiary companies.