DGAP-News: ALNO AG: Elmar Duffner joins ALNO AG's management board as COO
(firmenpresse) - DGAP-News: ALNO AG / Key word(s): Change of Personnel
ALNO AG: Elmar Duffner joins ALNO AG's management board as COO
31.07.2011 / 20:47
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Elmar Duffner joins ALNO AG's management board as COO
- Long-standing managing director of Poggenpohl Möbelwerke GmbH to take
over as CEO of ALNO AG in 2013
- CEO Max Müller: 'My stated aim is to hand over ALNO AG to Elmar Duffner
as CEO at the 2013 AGM with a clear growth strategy and a solid
financial basis'
- Key tasks as COO: operational management, expansion of international
business and continued strengthening of premium brand ALNO
Pfullendorf, July 31, 2011 - Elmar Duffner, managing director of Poggenpohl
Möbelwerke GmbH since 2002, will take over the position of COO of ALNO AG,
one of Germany's leading kitchen manufacturers, by February 1, 2012 at the
latest. In the role of COO, he will be responsible for international sales
and distribution, production, purchasing, logistics, product development,
marketing and communications. His other main priorities will be the
international expansion of ALNO AG and the further enhancement of the
company's premium brand ALNO. Duffner will take over as CEO from Max Müller
at the company's AGM in 2013. Max Müller intends to join the supervisory
board after this transition period, which is to ensure strategic continuity
of leadership.
'My stated aim is to hand over ALNO AG to Elmar Duffner as CEO at the 2013
AGM with a clear growth strategy and a solid financial basis,' said CEO Max
Müller. 'Mr. Duffner is the ideal choice for our management team. He knows
the kitchen sector better than anyone else and has the international
experience in sales and distribution that ALNO needs to strengthen its
brand and the important international business.'
'With Elmar Duffner I see the operational management of ALNO AG in the best
hands possible,' said Henning Giesecke, head of ALNO AG's supervisory
board. 'I am pleased that with Duffner we have been able to bring a highly
respected manager in the sector to ALNO AG.'
ALNO AG, which is Germany's second biggest and Europe's fourth biggest
kitchen manufacturer, serves a wide range of customer target groups and
price segments through its ALNO, WELLMANN, IMPULS and PINO brands. The
company has three subsidiaries abroad and around 7,000 sales and
distribution partners in 64 countries. Foreign sales accounted for 28.4% of
revenues in the 2010 business year. The company's strategic goal under the
leadership of Elmar Duffner is to significantly increase revenues from
foreign sales.
Elmar Duffner was managing director of Poggenpohl Möbelwerke GmbH from
2002, where he successfully drove forward the international expansion of
the premium kitchen manufacturer. Under his leadership the company grew at
above-average levels and consistently posted a positive earnings
performance. Elmar Duffner has been President of the Association of the
German Furniture Industry since 2008 and sits on the board of several other
industry associations.
'ALNO is the best known kitchen brand and covers the entire kitchen market
with its four product segments, thus giving the company a unique market
position,' said Elmar Duffner. 'I am looking forward to my new role. My aim
is for us, together with the workforce and board, to make ALNO AG market
leader in Germany once again. I see great potential particularly in the
international business to position the ALNO brand even stronger in the
top-end segment.'
About ALNO AG:
ALNO AG is one of Germany's leading kitchen manufacturers. It has four
national production facilities and also a production facility in Dubai, and
serves the German and international markets with a full range of kitchens.
The ALNO Group has four brands: the core brand ALNO and also WELLMANN
(classic/modern), IMPULS (minimalist) and PINO (entry-level prices). ALNO
AG has around 7,000 distribution partners and is active in more than 64
countries. In fiscal year 2010 around 1,787 employees recorded revenues of
approx. EUR 467.3 million. Foreign sales accounted for 28.4% of revenues.
Note for editors:
If you would like to find out more about ALNO and its products, then please
visit our online press center at www.alno.ag/3687.0.html. There you can
also find ready-to-print images of people and products.
Legal notice:
This press release may include forward-looking statements, which are based
on the current expectations and forecasts of ALNO AG's management or its
associated companies. Various known and unknown risks, uncertainties and
other factors may lead to the actual results, financial position, or
performance of ALNO AG and its affiliated companies deviating substantially
from the estimates included herein. Neither ALNO AG nor its affiliated
companies undertake to update any such forward-looking statement and to
adjust these to future events or developments.
Contact:
CNC AG
Patricia Eschenlohr
T +49 (0)172 8106376
E Patricia.Eschenlohr(at)cnc-communications.com
End of financial news
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31.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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133809 31.07.2011
Datum: 31.07.2011 - 20:47 Uhr
Sprache: Deutsch
News-ID 39948
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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