Press Release GILDEMEISTER Drehmaschinen
18.05.2006|Günter Bachmann - New member of the Executive Board

GILDEMEISTER appoints 4th member to Executive Board ​​​​​​​

Bielefeld, 18 May 2006. The Supervisory Board of GILDEMEISTER Aktiengesellschaft has appointed graduate engineer Günter Bachmann as an ordinary member of its Executive Board at its meeting today.

Bachmann (54) will take over the Department of Technology and Production, which reports directly to the Executive Board, with effect from 1 January 2007 – or earlier. After the completion of the process optimisation over the past few years, this is intended to take the growing importance of this department into account. Bachmann has been employed as a managing director of GILDEMEISTER for 12 years.

After having studied machine engineering at the Chemnitz University of Applied Sciences, he started his career in 1974 working on the production line at the company now called DECKEL MAHO Seebach GmbH in Thuringia, Germany; in 1985, he became head of production and in 1994 managing director of the company. Under his directorship, DECKEL MAHO Seebach became a successful and innovative competence centre for milling technology within the GILDEMEISTER Group.

As announced a short while ago, Dr. Thorsten Schmidt (33) was appointed as an ordinary member of the Executive Board by the Supervisory Board of GILDEMEISTER Aktiengesellschaft at its meeting on 28 March 2006. He takes over the Sales, Distribution and Service Department.

GILDEMEISTER Aktiengesellschaft
The Executive Board

Disclaimer, Forward-looking statement

Disclaimer, Forward-looking statement

Statements relating to the future:

This press release contains forward-looking statements, which are based on current estimates of the management of future developments. Such statements are based on the management's current expectations and specific assumptions. They are subject to risks, uncertainties and other factors, which could lead to the actual future circumstances, including the assets, liabilities, financial position and profit or loss of GILDEMEISTER, differing materially from or being more negative than those expressly or implicitly assumed or described in these statements. The business activities of GILDEMEISTER are subject to a series of risks and uncertainties, which may result in forward-looking statements, estimates or forecasts becoming 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 stated, expected, anticipated, intended, planned, aimed at, estimated or projected in these statements. Forward-looking statements must not be understood as a guarantee or assurance of the future developments or events contained therein.