CFO Rainer Gausepohl extends contract until 2026

The Supervisory Board of Homag Group AG has extended the appointment of CFO Rainer Gausepohl until February 28, 2026. The 50-year-old has been part of the company’s three-strong Board of Management since February 2020. Originally due to terminate on February 28, 2023, his contract has now been extended, well in advance, by a further three years.

Gerhard Federer, Chairman of the Homag Group AG Supervisory Board says: “Rainer Gausepohl is an experienced financial expert, who has excellent knowledge of the mechanical engineering business and stands for a structured management style with long-term focus. Since joining Homag, he has played a key role in shaping the company’s commercial processes, the organization, and the IT landscape, thus enabling significant efficiency gains. His contract extension is an important signal that Homag’s sales growth continues to be accompanied by a continuous optimization of the company’s structures and processes.”

Rainer Gausepohl forms the Homag Group AG Board of Management together with CEO Dr. Daniel Schmitt and Dr. Sergej Schwarz. Prior to joining Homag’s Board of Management, he was Commercial Director at the Application Technology division of Homag’s parent group, Dürr.