GERMANY – The Supervisory Board of Homag Group AG has appointed Dr. Sergej Schwarz (49) to the Executive Board effective January 1, 2022.

This means that it will consist of three members even after the retirement of the Chairman of the CEO, Ralf W. Dieter, on December 31, 2021: Dr. Daniel Schmitt as the new Chief Executive Officer, Rainer Gausepohl as Chief Financial Officer and Dr. Sergej Schwarz.

Schwarz joined the Homag Group back in 2016 as Head of the Edge Processing business unit. Since March of 2021, he has also been Spokesman of the Board of Management of Homag GmbH, Schopfloch, and Managing Director of Homag Kantentechnik GmbH, Lemgo.

As a member of the Executive Board, he will in future be responsible for the global activities of the Edge Processing business unit and the project business with large-scale plants. In addition, he is responsible for the Indian location of the HOMAG Group.

Before joining the Homag Group, the graduate engineer held various management positions at Schaeffler AG in Herzogenaurach and Schweinfurt for many years, most recently as Vice President of the Renewable Energies sector.