Like Sanjiv Singh, CEO of BÄUMLER AG, Richard Lohner joins from ESCADA AG, Aschheim/Munich. A 17-year ESCADA veteran, Lohner was last director of finance, group treasurer as well as a Supervisory Board member.

Dr. Geza Toth-Feher, Chairman of the Supervisory Board of BÄUMLER AG: "We are very pleased that Richard Lohner joins the company. He is an acknowledged expert in corporate finance and controlling. His experience, and his industry knowledge as well as his impeccable reputation have made him the candidate of choice for us. We also want to thank Reiner Annemann for his dedication to our company's best interests. He has taken many important steps to secure BÄUMLER'S future success."

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