Höft & Wessel AG

Hoeft & Wessel AG: founder Michael Hoeft returns to Board of Management

CEO Hansjoachim Oehmen scheduled to retire end-2012

Michael Hoeft, together with Rolf Wessel the co-founder of the enterprise of the same name, will be returning to the Board of Management of Hoeft & Wessel AG. Hansjoachim Oehmen, Chairman of the Board of Management, will be leaving the company when his contract expires at the end of 2012.

After Michael Hoeft had declared his resignation from the Supervisory Board, the members of that body appointed him as a member of the Board of Management for three years. Hansjoachim Oehmen had previously informed the Supervisory Board that he would not be available for a further extension of his contract.

After ten years, in Michael Hoeft one of the founders and majority shareholder of Hoeft & Wessel AG returns to the Board of Management. "With his experience and know-how, he will make a key contribution to the company's future success," said Hoeft & Wessel CEO Hansjoachim Oehmen in commenting on the reinforcement of the Board of Management. Oehmen has been Chairman of the Board of Management since 2006 and managed to successfully intensify the internationalisation of this medium-sized company.