Koenig & Bauer strengthens positions of Andreas Plesske and Stephen Kimmich

Plesske to be CEO from 1 January 2024, Kimmich Deputy CEO 

Andreas Plesske and Stephen Kimmich

At its meeting on 7 December 2023, the Supervisory Board of Koenig & Bauer AG, Würzburg, a leading global technology provider with a focus on special printing applications, particularly in the packaging sector, appointed Andreas Plesske to the position of Chief Executive officer with effect from 1 January 2024. 

Plesske has been a member of Koenig & Bauer AG’s Management Board since 2014 and spokesman for the Management Board with responsibility for the Special segment since 2021.

At the same time, Stephen Kimmich, Chief Financial officer, has also been appointed Deputy Chief Executive officer effective 1 January 2024. Dr Kimmich has been Chief Financial Officer since 2020. 

There are no changes to the responsibilities of the other members of the Management Board, Christoph Müller (responsible for the digital & webfed segment), Ralf Sammeck (responsible for the sheetfed segment) and Michael Ulverich (COO). 

Similarly, the contract durations continue to apply unchanged. The Supervisory Board has not taken any further decisions regarding the composition of the Management Board.

Ing Raimund Klinkner, chairman of the Supervisory Board, says: “Dr Plesske and Dr Kimmich have successfully guided the company with their colleagues over the past few years, some of which have not been easy, and have set a decisive course for the future. I am therefore delighted that this decision will now strengthen both key positions and the roles of the two Management Board members.”

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

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