MAINTAL, Germany, Dec. 19, 2017 /PRNewswire/ -- NORMA Group, a global market leader in engineered joining technology, will be led by Bernd Kleinhens as its new Management Board chairman as of January 1, 2018.
Werner Deggim, Kleinhens' predecessor, has been the chairman of NORMA Group SE since 2006 and is retiring on December 31.
"The Supervisory Board of NORMA Group SE would like to thank Werner Deggim for his outstanding achievements," said Dr. Stefan Wolf, chairman of the Supervisory Board of NORMA Group SE. "He has continuously and strategically developed NORMA Group, led it through the financial crisis, brought it to the stock market and into the MDAX.
"He is handing over a healthy, growing company. We are pleased that Bernd Kleinhens has accepted the appointment as chairman of the Management Board as we are convinced that he and his fellow board members will continue the company's growth course successfully."
Bernd Kleinhens began his career in 1991 at Rasmussen GmbH, one of the predecessor companies of today's NORMA Group. A mechanical engineer, he has since held various positions including development engineer, marketing and sales director and business unit director. He became a managing director in 2005 and was appointed to the Management Board of NORMA Group SE in 2011. As the member of the Management Board responsible for business development, he headed research and development, product management, marketing, sales and pricing. He was also president of the Asia-Pacific Region from August 2014 to November 2016. His five-year term as chairman will last until December 31, 2022.
"We can be proud of how NORMA Group has developed in recent years," said Kleinhens. "As chairman of the Management Board, I look forward to further consolidating our strong position as an international leader in engineered joining technology and continuing on the company's growth path."
Dr. Michael Schneider's term as CFO was extended early by the company's Supervisory Board for five years. He has been a member of the Management Board of NORMA Group SE since July 1, 2015.
"Dr. Schneider has quickly advanced NORMA Group's international expansion with three acquisitions in France, Portugal and China," Wolf noted. "This early contract extension expresses our confidence in him and that we look forward to working with him in the future."
About NORMA Group
NORMA Group is a global market leader in engineered joining technology. The company manufactures a wide range of innovative connecting solutions and water management technology offering more than 35,000 products to customers in 100 countries with around 7,600 employees. NORMA Group joining products can be found in vehicles and trains, ships and aircraft, buildings and water management, as well as in applications for the pharmaceutical and biotechnology industry. The company generated sales of around EUR 895 million in 2016. NORMA Group has its headquarters in Maintal, Germany. NORMA Group SE is listed on the German stock exchange (Prime Standard) and included in the MDAX index.
NORMA Americas is an integral part of the NORMA Group. Headquartered in Auburn Hills, Michigan, it manufactures high quality clamps, connectors and fluid systems with more than 1,300 employees at nine production facilities in North and South America with annual sales of about EUR 382 million.
SOURCE NORMA Group