Heidelberger Druckmaschinen AG has appointed Christoph Burkhard as chief financial officer, succeeding Volker Herdin, who will retire at the end of September.
As CFO, Mr Burkhard will have responsibility for finance, controlling, investor relations, M&A, accounting, legal, tax and information security.
Mr Burkhard is currently CFO of construction equipment manufacturer Wacker Neuson and previously served as CFO at Hamburg-based wind turbine manufacturer Nordex.
“In Mr. Burkhard, we have gained a CFO with extensive international experience who possesses excellent expertise in the areas of finance and investor relations,” said Dr Martin Sonnenschein, chairman of the supervisory board of Heidelberger Druckmaschinen AG. “In addition, Mr. Burkhard has already demonstrated his ability to generate successful and sustainable cash flow at two publicly traded international engineering companies. This is also a very important topic for Heidelberg.”
Mr Burkhard studied business administration at the University of Tübingen before completing a Master of Science degree at the London School of Economics. He began his career as an analyst for the European Commission in Luxembourg and later moved to BHF Bank in Frankfurt.
In 1998, he joined Siemens Financial Services in Munich, spending six years structuring and negotiating project and export financing for Siemens’ operating units before moving into further business leadership positions within the group.
Jürgen Otto, CEO of Heidelberg, said: “With Mr. Burkhard, we are gaining a CFO who will sustainably strengthen our company on its path to becoming an integrated technology group. In addition, the focus will be on expanding the financial strength of HEIDELBERG and positioning the company appropriately in the capital market.”
Mr Burkhard added: “I am very much looking forward to actively shaping and driving the future development of this long-established and renowned technology company together with the Executive Board team.”
