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RATIONAL AG — Board/Management Information 2015
Sep 11, 2015
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Board/Management Information
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News Details
Corporate | 11 September 2015 09:00
RATIONAL AG: Dr Axel Kaufmann takes over as CFO from Erich Baumgaertner
DGAP-News: RATIONAL AG / Key word(s): Change of Personnel
2015-09-11 / 09:00
Press release
Dr Axel Kaufmann takes over as CFO from Erich Baumgaertner
Landsberg, September 11th, 2015. Erich Baumgaertner (61) will after more than 17 successful years at RATIONAL step down as CFO on December 31st, 2015. Dr Axel Kaufmann will take over this assignment.
Dr Kaufmann (45) has the necessary broad finance and industry background on an international level. He had leading positions in the finance sector in various industries. Since 2010 he was CFO and Deputy Chief Executive Officer for Koenig & Bauer AG, an SDAX listed family business where he was significantly involved in the restructuring and the new strategic alignment of the group.
Dr Axel Kaufmann began his career with an apprenticeship at Deutsche Bank. In 1996 he started working with Siemens where he held various managerial functions and gained wide-range experience both nationally and internationally in particular in the financial, supply chain and administrative areas for over 10 years. Thereafter he had a senior position at Nokia Networks for various business units as the Head of Finance and later on in the area of Business Strategy.
Dr Kaufmann will start his assignment with RATIONAL on October 1st, 2015 and will gradually take over the tasks and resorts from Erich Baumgaertner.
“I am very pleased that we were able to win Dr Axel Kaufmann, a highly experienced manager who enjoys an excellent reputation as CFO on the capital market”, so Siegfried Meister, Chairman of the Supervisory Board and founder of RATIONAL AG.
“With his great expertise and his commitment Mr Baumgaertner was able to accompany RATIONAL to become a global player and one of the most recognized companies on the German stock market”, says Siegfried Meister. “I would like to thank him for his many years of service for the benefit of our customers and our company.”
After his resignation Erich Baumgaertner will also be in future by the company’s side in an advisory capacity.
Contact person:
RATIONAL Aktiengesellschaft
Dr Peter Stadelmann
Tel. +49 (0)8191 327-3309
Fax +49 (0)8191 327-272
E-mail: [email protected]
www.rational-online.com
2015-09-11 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English |
| Company: | RATIONAL AG |
| Iglinger Straße 62 | |
| 86899 Landsberg a. Lech | |
| Germany | |
| Phone: | 0049 8191 327 2209 |
| Fax: | 0049 8191 327 722209 |
| E-mail: | [email protected] |
| Internet: | www.rational-online.com |
| ISIN: | DE0007010803 |
| WKN: | 701080 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart |
| End of News | DGAP News Service |
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| 393819 2015-09-11 |