The Supervisory Board of Hoeft & Wessel AG has appointed Paul Lebold and Dr. Guenter Kuhlmann as members of the Board of Management, effective from October 1, 2014. Mr. Lebold will head the new management division Finance. By appointing Dr. Kuhlmann, who was formerly the company's director of R&D, and who will head this division in future in his capacity as a member of the Board of Management.

The company has created new management divisions for Finance and R&D.