Bolza-Schünemann Resigns from KBA; Company Reports Press Sales Decline

Helge Hansen appointed successor
Helge Hansen, CFO since February this year, has been appointed Bolza-Schünemann’s successor both as president and as head of human resources in Radebeul. Product development has been taken over by the executive vice-president for production, Dr Frank Junker.

Albrecht Bolza-Schünemann has been on the boards of the parent and various subsidiaries for the past 22 years. Prior to joining the KBA board in Würzburg eleven years ago he was executive vice-president for engineering and development at Albert-Frankenthal in Frankenthal (Palatinate). From 1991 until its merger with the parent in 1998 he was president of east German sheetfed subsidiary KBA-Planeta in Radebeul near Dresden, which was acquired shortly after the fall of the Wall. Strong ties were forged in the years following the collapse of the GDR, when under his guidance Planeta evolved into the biggest engineering firm in east Germany and one of the world’s leading manufacturers of sheetfed presses. In 2000 Albrecht Bolza-Schünemann was appointed deputy president and in 2003 president and CEO of KBA, while retaining his remit as head of human resources and product development in Radebeul.