Thomas H. Hagen appointed Supervisory Board Chairman of Demag Cranes & Components GmbH

 

Wetter, 30 June 2008. The Supervisory Board of Demag Cranes & Components GmbH appointed Thomas H. Hagen as Chairman at its meeting held today. He succeeds Harald J. Joos, Chief Executive Officer of the Group Holding Demag Cranes AG, who left the Supervisory Board of Demag Cranes & Components GmbH as planned.In the course of the new organisation of the Demag Cranes Group, Thomas H. Hagen had already resigned from his position as Chief Executive Officer of Demag Cranes & Components GmbH and joined the Supervisory Board in May of this year.In his position as a Board Member of Demag Cranes AG, Mr. Hagen is responsible for the Industrial Cranes and Services segments at Group level.

About the company

Demag Cranes & Components GmbH based in Wetter/ Ruhr is a subsidiary of Demag Cranes AG and a supplier of industrial cranes and crane components for material flow, logistics and industrial drive applications.Services, such as spare parts, maintenance and refurbishment services, are another key element of the Company’s business activities.With more than 650,000 Demag brand electric cranes and hoists for industrial applications in operation, the company has the largest installed base worldwide and operates in 20 countries with some 4,900 employees.

Contact:
Corporate Communications
Demag Cranes & Components

Mr Christoph Kreutzenbeck

Tel. +49 (0) 2335 / 92-7333

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DEMAG Cranes & Components