Lübeck, May 15, 2019 - The Supervisory Board of SLM Solutions Group AG (the "Company") today unanimously resolved to relieve Dr. Axel Schulz of his duties as the Company's Chief Sales Officer with immediate effect and to dismiss him as a Member of the Company's Executive Board.
Until further notice, the Company's CEO, Mr. Meddah Hadjar, will take over responsibility for Dr. Schulz's former Executive Board responsibilities for the areas of Sales, Marketing, Business Development, Service, 3D Metals and After-Sales. Mr. Hadjar has extensive leadership experience from his time at General Electric.
As of today, the Executive Board of SLM Solutions Group AG consists of Meddah Hadjar, CEO, Uwe Bögershausen, CFO, and Dr. Gereon W. Heinemann, CTO.
Hans-Joachim Ihde, Chairman of the Supervisory Board of SLM Solutions Group AG: "On behalf of the Supervisory Board of SLM Solutions Group AG, I would like to thank Dr. Schulz for his work as sales director of our company. We wish him all the best for his professional and private future."
Meddah Hadjar, CEO of SLM Solutions: "Our paramount aim is to return SLM Solutions to its growth path. We will align all divisions with this objective. I am confident that we will take the right steps to realize the growth potential offered by SLM Solutions' market-leading multi-laser technology."
About the company:
SLM Solutions Group AG from Lübeck is a leading supplier of metal-based additive production technology. The company's shares are traded on the Prime Standard of the Frankfurt Stock Exchange. The company focuses on the development, assembly and sale of machines and integrated system solutions in the Selective Laser Melting area. SLM Solutions currently employs more than 400 people in Germany, Austria, France, Italy, the USA, Singapore, Russia, India and China. The products are used worldwide by customers in the aerospace, healthcare, energy and automotive sectors.