SCHUNK will operate as SCHUNK SE & Co. KG going forward

The family-owned company SCHUNK is changing its legal form to SCHUNK SE & Co. KG and thus continuing to pursue its global alignment strategy.

The current legal form SCHUNK GmbH & Co. KG – the parent company of the SCHUNK company group – will become an SE & Co. KG, comprising the bodies of a Board of Directors and an Executive Directorate. By taking this step, the company is creating the framework for further growth in view of its ongoing internationalization.

The character of a family-owned company will be fully preserved – all shares will continue to be owned by the Schunk family.

Mr. Henrik A. Schunk will take over as Chairman of the newly formed Board of Directors. He will closely support the strategic direction of the company, complementing this with his involvement in the German Mechanical and Plant Engineering Association VDMA, with the aim of representing the interests of SMEs in political discourse and actively helping shape key industrial issues.

Mrs. Kristina I. Schunk, as Chairwoman of the Management Board and CEO, will strategically and operationally steer the company's future path together with the current management team, consisting of the Executive Directors Johannes Ketterer (COO), Dr. Sebastian Hesse (CFO), Timo Gessmann (CTO), and Jan Repplinger (CSO).

Mr. Heinz-Dieter Schunk will remain closely associated with the company as Honorary Chairman of the Board.

www.schunk.com