Another change at the top for the Homag group: from 1 January 2022 Daniel Schmitt will succeed to Ralf W. Dieter as CEO. A change at the top that comes one year after the latter took office as CEO in place of Pekka Paasivaara.
“Working with Dieter was a crucial step for me. I got to know Homag better, a fascinating company with highly motivated employees,” commented Daniel Schmitt immediately following the news. “Homag is on a sustainable and very profitable growth path. We have strengthened our position in the solid wood segment through acquisitions and can therefore benefit from this global trend towards sustainable timber construction. I look forward to working with everyone employees“.
“Thanks to our investments and our products, we have set the course,” said Gerhard Federer, the chairman of the group’s supervisory board. “We are sure that Daniel Schmitt will be the right man to lead us into this new phase“. A phase that, for the group, means continuing with the investments already put into play at the beginning of the year. In fact, the focus is on the modernization and expansion of the Schopfloch headquarters and other factories in Germany, the construction of a new office in Poland (in Sroda) and investments in China. All moves thanks to which Homag wants to expand its share of the global market from the current 30 percent to around 40 percent.
