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Jürgen Otto to succeed Dr Ludwin Monz as chairman of the management board at Heidelberg

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Jürgen Otto is to become the new CEO of Heidelberger Druckmaschinen AG on July 1, 2024. He succeeds He takes over from Dr Ludwin Monz, who will resign from his position as chairman of the management board at his own request and in agreement with the supervisory board.


The chairman of the supervisory board, Dr Martin Sonnenschein, commented: ‘We very much regret Dr Ludwin Monz's decision to leave Heidelberg. He has decisively advanced our company strategically and operationally and thus strengthened our foundation in a difficult market environment. With Jürgen Otto, we are gaining a proven leader. With his experience and network, we will continue to consistently prepare Heidelberg for the future, increase profitability and further strengthen our significant technological expertise in the printing and packaging industry and beyond.’


Dr Ludwin Monz said, ‘I really enjoyed working at HeidelberG. I would like to thank the supervisory board, the management team and all employees of the company for their good cooperation.’


Jürgen Otto brings decades of experience in the sustainable orientation of large industrial companies, complemented by experience in the field of turnaround management in the recent years. Looking ahead to his upcoming role, Jürgen Otto commented, ‘Heidelberg is an icon of German industry with product quality and service expertise that is appreciated worldwide. I am looking forward to becoming part of Heidelberg and working together with the management team around Tania von der Goltz and David Schmedding as well as all employees on a successful future for the company.’


The supervisory board also expanded its management board, with Dr David Schmedding, previously head of sales, joining as a new member.


 Pictured: Jürgen Otto.


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