W&H appoints Dr. Falco Paepenmüller as Chief Technology Officer
Dr. Falco Paepenmüller will assume the position of Chief Technology Officer at Windmöller & Hölscher as of 01.04.2019. His successor as Head of the Extrusion Business Unit will be Dr. Torsten Schmitz.
Changes at W&H, the specialist for the flexible packaging market: Effective April 1, 2019, Dr. Falco Paepenmüller will become Chief Technology Officer (CTO), a newly-created position, of the machinery manufacturer’s Management Board. Paepenmüller assumes responsibility for the three business units: Extrusion, Printing and Converting. Chief Financial Officer, Theodor Determann, transferred from W&H to Germany-based E-Mobility specialist e.GO <st1:city w:st="on"><st1:place w:st="on">Mobile</st1:place></st1:city> at the beginning of the year. The position of Chief Financial Officer will be filled in the course of this calendar 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 Dr. 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 Dr. Jürgen 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," explains Vutz.