Windmöller & Hölscher, the supplier of the world’s most comprehensive machinery program for the flexible packaging industry, has announced that effective 1 April 2019, Dr. Falco Paepenmüller will become the chief technology officer (CTO), a newly created position, of the management board. Paepenmüller will assume the responsibility for three business units: extrusion, printing and converting.
W&H will fill up the position of chief financial officer in the course of this calendar year because Theodor Determann, who was holding the position, was transferred to Germany-based E-Mobility specialist e.GO Mobile at the beginning of the year. As of April 2019, members of the W&H management board will include Dr. Jürgen Vutz, chairman of the management board, Peter Steinbeck, chief sales and service officer, and Falco Paepenmüller, chief technology officer.
Paepenmüller has held various management positions at W&H since 2007. Currently, he is the head of the extrusion business unit, which under his leadership has grown above the market average in recent years. “The addition of a chief technology officer emphasizes our focus on innovation. With faster innovation cycles and more connected processes, a separate management board position has become more important for the expansion of technology leadership,” explains Vutz. Dr. Torsten Schmitz will succeed Paepenmüller as head of the extrusion business unit. Schmitz has also been working for W&H since 2008 and is currently responsible for the cast film division.
In addition to technical expertise, the family-owned company also places emphasis on cultural fit. “With Dr. Paepenmüller and Dr. Schmitz, we have been able to recruit outstanding technical experts for the positions that are also known and valued as leaders in the company. Both are very important to us as a family business,” concludes Vutz.