König + Neurath appoints new Chief Executive Officer

“The supervisory board and stakeholder family have known Mr Hagemann for many years. In particular they value his analytical skills, his characteristic style of customer and service orientation, and also his entrepreneurial approach in terms of both ideas and actions. He has a strong sense of goal orientation – an ideal quality for leading the company forward – working together with the management and employees to achieve a future-oriented strategic focus,” says Chairman of the Supervisory Board Karsten Helber.

Furthermore König + Neurath AG and Michael Cappello have reached a mutual agreement to part ways amicably. Mr Cappello has resigned from office with immediate effect. Before the corona pandemic he was appointed Board Spokesman with responsibility for the areas of corporate strategy, marketing and sales, and he was actively involved in guiding the company through the challenges posed by the pandemic.

“The brand positioning, as well as a realignment to focus on the service aspect, is the basis of a successful future for König + Neurath AG,” said Michael Cappello. König + Neurath would like to thank Mr Cappello for his short but intensive tenure in these challenging times, and wishes him all the very best for the future.