The Hoeft & Wessel Group is streamlining its Group structures. In future, CEO Hansjoachim Oehmen and member of the Board of Management Thomas Wolf will jointly run the technology company which is aiming for sales revenues of over EUR 96 million for the year 2011.
Peter Claussen will be leaving the company once his contract expires in the middle of the year. The streamlining of the Group´s hierarchical structures results in a new, cross-divisional allocation of responsibilities for the downsized Board of Management and for second-tier management. It also leads to even closer cooperation between the two main locations of Hannover, Germany, and Swindon, UK. The resultant synergies are expected to contribute to a further improvement in the operating result.
"In the past 15 years, Mr Claussen has contributed a great deal to the expansion and internationalisation of business at Hoeft & Wessel AG. On behalf of the Supervisory Board and the entire company, I would like to thank Mr.
Claussen for his contributions and wish him all the best and every success for the future," said Prof. Dr. Dr.-Ing. Dr. h.c. Klaus E. Goehrmann, Chairman of the Supervisory Board of Hoeft & Wessel AG.