Change on Hager Group S Supervisory Board

Press release

Blieskastel, 25th June 2014

Change on Hager Group’s Supervisory Board

Two new faces and a change at the top: those were the decisions made at Hager SE’s (societas europaea) annual general meeting, which was held on 25th June at the company’s headquarters in Blieskastel.

Prof. Dr. Rainer Lorz and Antoine Raymond were elected as new members of the Supervisory Board.

Prof. Dr. Rainer Lorz is a lawyer and a partner in the law firm Hennerkes, Kirchdörfer & Lorz. He specialises primarily in the field of advising family-run companies on commercial and company-law issues. He is also an honorary professor at the University of Stuttgart and a member of various advisory councils and supervisory boards at large German family-run companies. He has authored numerous specialist publications.

Antoine Raymond is chairman of the internationally successful automotive parts supplier ARaymond Group. As the great-great-grandson of the company’s founder, he represents the fifth generation of management at the family-run company, which, like Hager Group, has Franco-German roots. With 22 production sites on five continents and a workforce of 5,000, the ARaymond Group is the market leader in Europe and occupies second place at global level. Antoine Raymond has worked in various positions within the family company since 1987. He is also advisor for Banque de France (Bank of France) and president of the metallurgical industry federation UDIMEC (Union des Industries Métallurgique Electriques et Connexes de l’Isère).

“We are delighted that in Prof. Dr. Rainer Lorz and Antoine Raymond, we have recruited two new supervisory board members who are extremely familiar with the interests and challenges of a family-run company,” emphasised Daniel Hager, Chief Executive Officer of Hager Group. “We are very much looking forward to working with them in the future.”

In the course of this change in the senior management, Dr. Kurt Schlotthauer and Prof. Dr. Dr. Brun-Hagen Hennerkes leave the Supervisory Board on age-related grounds. To this effect, Dr. Kurt Schlotthauer, who can look back on 23 years of service on the Supervisory Board, is stepping down from the chairmanship. The new chairman will be Günther Fleig, who has been a member since 2011. With Günther Fleig as chairman and the two new members on board, Hager Group is effecting a change of generations at Supervisory Board level as well. The group is thus in the process optimising its position to deal with upcoming challenges.

The two partners Evi Hager (vice president) and Philip Hager were confirmed in their positions, as was Christian Buchel.

The partners warmly thank Dr. Schlotthauer and Prof. Dr. Dr. Hennerkes for their many years of commitment, which have had a crucial influence on the company’s development over the past few years.

The previous Hager Group Supervisory Board
(left to right): Christian Buchel, Dr. Kurt Schlotthauer, Evi Hager, Philip Hager, Prof. Dr. Dr. Brun-Hagen Hennerkes, Günther Fleig.

About Hager Group

Hager Group is a leading supplier of solutions and services for electrical installations in residential, commercial and industrial buildings. Our range of solutions and services extends from energy distribution to cable management and from security systems to building automation.

As an independent family-owned and run company based in Blieskastel, Germany, Hager Group is one of the industry's innovation leaders. 11,400 employees generate a turnover of 1.6 billion euros. Our components and applications are produced in 22 locations around the globe and customers in more than 80 countries all over the world trust in them.

Contact

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Legal form: Societas Europaea

Head office: Blieskastel

Public register: Saarbrücken HRB16434

Management Board: Daniel Hager (Chairman), Philippe Ferragu, Bertrand Schmitt