W&H appoints Dr. Falco Paepenmüller as Chief Technology Officer
Effective 01.04.2019, Dr. Falco Paepenmüller became 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 Mobile at the beginning of the year. The position of Chief Financial Officer will be filled in the course of this calendar year. As of 01.04.2019, members of the W&H Management Board 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. In his last position he was head of the Extrusion business unit, which under his leadership has grown above the market average in recent years. Dr. Torsten Schmitz will succeed Paepenmüller as head of the Extrusion business unit. Schmitz has also been working for W&H since 2008 and was recently responsible for the cast film division.
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