- Roland Lacher to retire
- Successor prepared for his new responsibilities for many years
- Change in the chairmanship of the Supervisory Board
Kahl am Main, March 10, 2006 - Roland Lacher, founder and Chairman of the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS), decided to terminate his operating activities as Chairman of the Executive Board and to retire. At the same time Klaus Hammen, so far Executive Board member responsible for Marketing, Sales and Development, will be appointed CEO of the Executive Board.
The long-time Chairman of the Supervisory Board, Alexander von Engelhardt, will not make himself available for reelection on conclusion of his current term of office due to reasons of age. The Supervisory Board will propose to the Annual General Meeting on June 23, 2006 to appoint Mr. Roland Lacher as new member of the Supervisory Board. Furthermore, it is also intended to elect Mr. Lacher as Chairman of the Supervisory Board in the constituent meeting of the Supervisory Board immediately after the Annual General Meeting.
“Klaus Hammen is the ideal solution for the succession at SINGULUS", explains Roland Lacher. “He has the required qualifications and the corporate abilities to fill this new position. After joining our company February 1, 2000 Klaus Hammen was the Technical Director for construction and production for several years. As Executive Board member responsible for Marketing, Sales and Development he has led our international sales organization since 2002 and was thereby able to build close relationships with our global customers."
Together with Stefan A. Baustert, Chief Financial Officer since January 2003, Klaus Hammen will run the business of SINGULUS TECHNOLOGIES AG, which will have an Executive Board composed of two members only in the future. Klaus Hammen says: “In the past 11 years of its corporate history SINGULUS evolved into a global market leader in its core activity of optical disc production machines. Our goal is to put ourselves at the top position internationally together with STEAG HamaTech in the new formats HD DVD and Blu-ray as well.�
The divisions will be split up as follows:
Klaus Hammen will be in charge of the segment Technology and global Sales & Marketing. This includes the business units Prerecorded, Recordable and Costumer Service as well as the internal divisions Research & Development, Construction and Production. Stefan A. Baustert will be responsible for the functions Finance, Investor Relations, IT, Controlling, Human Resources and Procurement. In addition, he will be in charge of the producing subsidiaries.