DGAP-News: R. Stahl AG / Key word(s): Personnel
R. STAHL early extends contract of CEO Mathias Hallmann and appoints Jürgen Linhard as additional member of the Executive Board
Waldenburg, 20 April 2020 - In its regular meeting today, the Supervisory Board of R. STAHL AG appointed CEO Dr Mathias Hallmann (57) for further three years, thereby extending his contract early. The new mandate begins on 1 October 2020. At the same time, Jürgen Linhard (53), previously CFO at Diehl Aviation Hamburg GmbH, was appointed as a member of the Executive Board of R. STAHL AG with responsibility for the finance functions. His contract has a term of three years.
Dr Mathias Hallmann studied Mechanical Engineering at the University of Karlsruhe where he also obtained a doctorate. He started his professional career in 1994 as a consultant for McKinsey, which he left in 2002 to join Moeller GmbH as Head of the Business Unit Automation. After several management positions at Böhler Welding Group and its parent company voestalpine, where Hallmann worked as of 2005, he moved to Lincoln Electric in 2013. Here, he was initially responsible for the company's international business strategy outside the Americas before taking over full business responsibility for these regions. Hallmann was appointed to the Executive Board of R. STAHL AG on 1 October 2017, and took over as CEO on 1 January 2018. Since 1 July 2019, Hallmann is the sole member of the Executive Board of the Group and also took over the responsibility for the finance functions on an interim basis.
With regard to Jürgen Linhard's appointment, Peter Leischner said: "R. STAHL's strong market position is to be further expanded by increasing efficiency also in the finance functions. We are delighted to have Jürgen Linhard as a proven financial expert who will continue to drive the professionalization of the commercial areas. We wish him every success in his work and look forward to a trustful cooperation."
Following his studies in business administration in Nuremberg, Jürgen Linhard worked in several finance functions of Dynamit Nobel AG. He then moved to LEONI Bordnetz-Systeme GmbH as CFO of the Wiring Systems Division. His further path led him to Diehl Group where he was heading the Corporate Controlling function before he became CFO of Diehl Aviation Hamburg GmbH.
R. STAHL AG
Dr. Thomas Kornek
Senior Vice President Investor Relations & Corporate Communications
Am Bahnhof 30
74638 Waldenburg (Württ.)
Tel. +49 7942 943-1395
|Company:||R. Stahl AG|
|Am Bahnhof 30|
|Phone:||+49 (7942) 943-0|
|Fax:||+49 (7942) 943-4333|
|Listed:||Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange|
|EQS News ID:||1025193|
|End of News||DGAP News Service|