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SCHADE Managing Director retires

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World Cement,

Following a 47 year career, with the last six spent as Managing Director of SCHADE Lagertechnik GmbH, Karl-Heinz Fiegenbaum has retired. He was given a fitting send of in the presence of approximately 70 staff.

Karl-Heinz Figenbaum became Managing Director in July 2011, with responsibility for the sales and commercial side of the business, and during his time in the role, a marked growth in turnover, significant increase in headcount and a transition to a new strategic vision were seen.

The exit strategy was well prepared and the transition was implemented by Mr Fiegenbaum before his departure. His successor, Dr Christoph Seifert, had joined the business as Technical Managing Director in February 2015, and he has now moved across to take responsibility for sales and commercial management. On 1st March this year, 57-year-old Klaus Paul joined SCHADE Lagertechnik to take over from Dr. Seifert as Technical Managing Director.

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