DPG New Management Team
Friday, 2 May 2008
As of March 17th, 2008 Dr. Tetsuya Okamura of Sumitomo Heavy Industries will join the management board of Demag Plastics Group. Together with Demag’s CFO Mr. Uwe Rohfleisch, Dr. Okamura will represent the company and advance the integration of both companies.
Dr. Klaus F. Erkes, CEO of Demag Plastics Group will leave the company on March 15th, 2008.
“The merger of Sumitomo and Demag is the right decision and an important milestone for the consolidation in the injection moulding industry which has been long overdue“, says Dr. Erkes. Furthermore, after two years of restructuring the company, Dr. Erkes sees Demag positively positioned – internally as well as in the market. “Mr. Rohfleisch and the management team installed by me stand for continuity of the strategy implemented by Demag. My task, to pilot Demag into a safe harbour, has been accomplished”, says Dr. Erkes
In addition, there have been changes on the company’s supervisory board. Mr. Tsuneo Nagano and Mr. Thomas Müller, both from Sumitomo, will succeed Mr. Henning Scheele and Mr. Peter Sassenfeld, who have been the mpm representatives on the supervisory board until now.