Leadership change at Leonhard Kurz

Walter and Peter Kurz retire, Andreas Hirschfelder is CEO

38
Leadership change at Leonhard Kurz
Andreas Hirschfelder, previously senior vice-president of the Business Area Plastic Decoration, is the new CEO at Kurz.

There has been a change in leadership at Leonhard Kurz, a global leader in thin-film- and finishing technology. On 1 February 2023, long-serving CEOs Walter and Peter Kurz retired from the operational side of the business and have taken up advisory functions as chairman and deputy chairman of an advisory Board.

At the same time, Andreas Hirschfelder, previously senior vice president of the Business Area Plastic Decoration, has become CEO at Kurz. Hirschfeld has already been with the company for 26 years, working in various roles including as CEO of the subsidiaries PolyIC and Burg Design. Since 2018, the Doctor of Organic Chemistry has also been responsible for the Business Area Plastic Decoration as senior vice president and a member of the management board.

Andreas Hirschfelder said: “I’m delighted by the confidence the Kurz family have placed in me. Continuing the Leonhard Kurz success story is both an honor and an incentive – especially in the challenging times we currently live in. But I am convinced that, as an international team, we can meet this challenge and continue to delight our customers in the future.”

In a joint statement, Walter and Peter Kurz stated, “We are handing over a highly innovative company that is financially very healthy. We have every confidence that Andreas Hirschfelder will lead Kurz to continued success.”

Since the early/mid-70s, Walter and Peter Kurz have developed the Fürth-based family business, which was founded back in 1899, into one of the world’s most successful experts in attractive, functional surface finishing. The decorative, functional layers applied to carrier foil are used in countless everyday products such as cosmetics packaging, wine bottle labels, household devices, and in plastic components for cars. One mainstay is the creation of security features, for example for documents. The Kurz Group is represented in more than 30 locations worldwide and employs over 5,500 people.

In recent years, the Group has consolidated its position in the sustainable finishing industry. For example, in 2021 Kurz joined the UN Global Compact Network, the world’s largest, most important initiative for sustainable, responsible company management. A comprehensive sustainability report was published in 2022. The Kurz range of products and services is also continually being made more environment- and climate-friendly.

The newly founded Leonhard Kurz Advisory Board will comprise Walter Kurz, Peter Kurz, Andreas Kurz, Katharina Kurz, Anja Kurz, and two external members. This will ensure that Leonhard Kurz continues as a family business. The company’s legal form will remain unaltered by the change in leadership.

These changes at the top mean the Leonhard Kurz management board is also being partly reorganized: Thomas Hertlein, previously executive vice-president of Kurz Transfer Products USA, becomes a member of the executive board of the Kurz Group from the beginning of the 2023 fiscal year. Rainer Süßmann succeeds Hirschfelder as senior vice-president of the Business Area Plastic Decoration. Both add their strength to that of existing Management Board members Werner Adel, Markus Hoffmann, Ralph Hopfensitz, and Dirk Bockwinkel.

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

As 2023 begins and FY 23-24 unfolds, will you support us?

What lies in store for the packaging industry in India and South Asia this coming year? Inflation, disruption of supply chains or environmental regulation? Or the resumption of high rural demand, continued investment and industry consolidation? Whatever happens, Packaging South Asia will be there, providing clarity and independent technical and business information in India and South Asia and around the world. We are a compact Indian organization bringing a window of fair and rigorous technical and business information that the industry can access this year and beyond. Please support us with your advertising and subscriptions, to keep us going and growing.

Thank you.

LEAVE A REPLY

Please enter your comment!
Please enter your name here