The Supervisory Board of Heidelberg has appointed Marcus A Wassenberg as ordinary member of the management board and chief financial officer of Heidelberg with effect from 1 September 2019. Wassenberg succeeds Dirk Kaliebe, who will leave the company at his own request at the end of September and will be available for an orderly transition.
“We are very pleased to have gained Marcus Wassenberg as a leader with many years of leadership competence in the financial sector. With his experience in the mechanical and plant engineering industry, he will align Heidelberg’s future financial framework with the requirements of digital transformation and further stabilize the balance sheet. In addition, he has successfully implemented change projects to increase efficiency, making him a well-suited new chief financial officer for Heidelberg,” said Siegfried Jaschinski, chairman of the Supervisory Board of Heidelberg.
Wassenberg was most recently chief financial officer at Rolls-Royce in Friedrichshafen. Prior to that, he was chief financial officer at plant manufacturer Senvion SE. He was born in 1966 in Grevenbroich in North Rhine-Westphalia and graduated in economics from the Ruhr University in Bochum in 1993. He began his professional career in the field of auditing; this was followed by positions as chief financial officer of a market-leading PR agency and a German subsidiary of an American company. Thereafter, he took over the management of the medium-sized aviation group CIRRUS Group Holding.
2023 promises an interesting ride for print in India
Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and
multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.
The fragmented commercial printing industry faces substantial challenges as does the newspaper industry.
While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately
their growth will also be moderated by the progress of the overall economy. On the other hand book
printing exports are doing well but they too face several supply-chain and logistics challenges.
The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.
Ultimately digital print and other digital channels will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.
Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.
Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.