Press Release Company
04.04.2006|Dr. Thorsten Schmidt appointed to Executive Board

GILDEMEISTER expands Executive Board ​​​​​​​

Bielefeld. Prof. Dr.-Ing. Raimund Klinkner will leave the GILDEMEISTER Executive Board at the end of the year, in order to take on new responsibilities. He joined the group in May 1998 and is successfully responsible for the logistics and production areas.

To stay abreast of increased globality and the group's highly developed product and market orientation, Dr. Thorsten Schmidt (33) has been appointed by the Supervisory Board of GILDEMEISTER Aktiengesellschaft at its meeting on 28 March 2006 as a further ordinary member of the Executive Board with effect from 1 January 2007, or earlier. He will take over responsibility for sales and services.

Dr. Thorsten Schmidt is currently responsible for sales and services in the important Asia business sector; before that he had managerial functions at GILDEMEISTER for the American market. He is an economist, who holds a doctorate, and began his professional career in January 2002 at GILDEMEISTER. Within a very short period of time he took on managerial responsibilities in sales and services.

Following the successful process optimisation of the previous years, a further step in this direction includes the focus on the technology and production area. The Supervisory Board is planning to appoint a fourth Board member for this 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.

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