Gerold Linzbach (60), the chairman of Heidelberg’s management board, is to leave Heidelberg once his contract runs out in August 2017 without seeking the extension of his contract. He has instead said that he will look for new professional challenges having successfully restructured Heidelberg.
Heidelberg’s Supervisory board has accepted his decision “with great regret” and expressed its appreciation for Dr. Linzbach’s intensive work and strong dedication in particular in connection with the successful repositioning.
Under Linzbach’s watch Heidelberg has assumed a new brand identity and reorganized its portfolio to include the new B1 Primefire inkjet press as well as a new emphasis on cloud-based services and data analytics. Heidelberg has also bought Gallus, which specializes in narrow web flexo presses, and struck a deal over postpress packaging equipment with the Chinese company Masterwork.
During this period Heidelberg’s finances have improved with the company now turning a profit, and sales rising across the European and North American markets.