Jochen Burg, currently SMS group’s executive vice president of technical service, will assume the role of chief executive officer (CEO) and chairman of the SMS group managing board on 1 October 2023. Burg succeeds Burkhard Dahmen, who has served as SMS group chairman for the past two decades.

Additionally, SMS group has selected Fabíola Fernandez to serve as the board’s new chief financial officer (CFO) beginning in January 2024, taking over for current CFO Torsten Heising. Fernandez joins the company from facility management service company Gegenbauer SE & Co., where she serves as CFO and co-CEO.

Both Dahmen and Heising will remain with the company through March 2024 to assist in the transition, the company said.

“In view of the good market situation, now is the ideal time to actively shape this generational change and also to usher in a new era,” commented Edwin Eichler, chair of the SMS group supervisory board. “Jochen Burg and Fabíola Fernandez are the ideal fit for this. Together, we intend to focus on the systematic expansion of our service business, the further technological development of our plants and equipment, and the optimization of our performance. My sincere thanks go to Burkhard Dahmen and Torsten Heising who have devoted their professional lives to SMS group and, in doing so, have played a tremendous role in successfully shaping and growing the company.”

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