Dr. Martin Stark, Chairman of the Advisory Board, will fill the position of CEO as interim manager with immediate effect.

Siempelkamp CEO leaves to take on new tasks outside of company

German supplier of the plants for wood-based panels Siempelkamp said its CEO and spokesman of the Board of Directors, Christoph Michel, is leaving in order to take on new tasks and challenges outside of the company.

Dr. Martin Stark, Chairman of the Advisory Board, will fill the position of CEO as interim manager with immediate effect until further notice. During this period Dr. Stark will suspend his mandate as chairman of the Advisory Board of Siempelkamp. The Advisory Board is currently looking for a suitable candidate to fill the position at the helm of the renowned Krefeld-based company for the long term.

Dr. Martin Stark was appointed Chairman of the Advisory Board of Siempelkamp in 2017. He took over
the position from Dr. Dieter Siempelkamp, who had chaired the Advisory Board since resigning from
Siempelkamp’s Board of Directors in 2003. Dr. Martin Stark has many years of expertise as a successful business leader and supervisory board member, and until 2013 was a member of the management board of the global technology group Freudenberg.

Along with the company executives, Christoph Michel has set the business course of Siempelkamp since 2018 in order to further position the company in its development and orientation in the relevant
markets and adjust it to current market requirements.

“The Advisory Board of Siempelkamp GmbH & Co. KG thanks Christoph Michel and wishes him all the
best for the future. Business continuity and reliability are central success factors at Siempelkamp. In Dr. Stark we have gained a top manager as CEO who will successfully continue on the company’s
established path until we have found a suitable successor,” says Dr. Dieter Siempelkamp, Honorary
Chairman of the Advisory Board. 

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