GERMANY - At its meeting held on March 22, 2022, the Supervisory Board of Michael Weinig AG appointed Mr. Gregor Baumbusch as Chairman of the Executive Board for a new term of office ending on December 31, 2027.

He is supported on the Executive Board, which remains unchanged, by Dr. Georg Hanrath in the technical area and Axel Steiger in the Finance Department.

"The vote is recognition of the results achieved by Gregor Baumbusch so far and represents valuable continuity for the company," says Supervisory Board Chairman Thomas Bach.

The contract renewal is a turning point for the next five years at Weinig: "We know that with him the major tasks for the future are in the best hands and we wish him every success."

The Weinig Group stands for pioneering solutions in all aspects of solid wood and panel processing. For high-performance and efficient machines and systems as well as innovative services and customized concepts that cover the entire production cycle from raw material to finished product. Optimal quality and profitability give its customers and partners in small businesses and industrial operations a decisive edge in the global competition.