The Dürr AG Supervisory Board has appointed Pekka Paasivaara, CEO of Dürr's subsidiary Homag Group AG, to be a member of the Dürr AG Board of Management with effect from January 1, 2019.

Machinery

Homag CEO Pekka Paasivaara to become fourth member of Dürr AG's Board of Management

The Dürr AG Supervisory Board has appointed Pekka Paasivaara, CEO of Dürr's subsidiary Homag Group AG, to be a member of the Dürr AG Board of Management with effect from January 1, 2019.

He will perform this function in addition to his existing role. The Board of Management will thus increase from three to four members: Ralf W. Dieter (Chairman), Carlo Crosetto (CFO), Dr. Jochen Weyrauch and Pekka Paasivaara.

Pekka Paasivaara's appointment to the Dürr Board of Management means that all three subgroups (Dürr, Schenck, Homag ) are now represented on the Group's Board. He will also be responsible for the new Group-wide function "Operational Excellence", created to further promote efficient processes within the Dürr Group.