PRESS RELEASE

Gregor Baumbusch strengthens Weinig Management Board

With effect of January 1, 2015, Mr. Gregor Baumbusch has been appointed by the Supervisory Board as a new member of the Management Board at Michael Weinig AG, the world-leading manufacturer for machines and systems for solid wood and panel processing. As Chief Sales Officer (CSO) Gregor Baumbusch is responsible for Sales and Marketing, working alongside CEO Wolfgang Pöschl and CFO Gerald Schmidt.

The 46-year old is married and has two children. After studying mechanical engineering with special emphasis on manufacturing technology, the graduate engineer worked in several well-known companies for machinery and plant engineering. Most recently, Mr. Baumbusch has worked as Sales Director and Member of Senior Management at a world-leading supplier of precision tools in Southern Germany.

Chairman of the Supervisory Board Dr. Thomas Bach welcomed him with the words: “We are pleased that with Mr. Baumbusch we have found an excellent, internationally experienced sales professional.” Weinig made its choice based on the extensive knowledge of the new Management Board Member in the sale of machines and systems. Corporate management in Tauberbischofsheim is convinced that Gregor Baumbusch combines the ideal qualities not simply to maintain the leading position of Weinig in the world, despite the ever-increasing pressure of international competitors, but to expand it.