Heidelberger has extended the contracts of CEO Jürgen Otto and chief sales and technology officer David Schmedding ahead of schedule, reinforcing continuity in the company’s leadership.

The new terms begin July 1, 2026, with Otto’s contract running through July 31, 2029, and Schmedding’s through June 30, 2031.

Under the leadership of Otto and Schmedding, Heidelberg has purposefully evolved from a company in the print media industry into a more broadly positioned technology company. In the process, strategic course corrections were made, and options were developed in both the core print and packaging business and the technology segment.

Martin Sonnenschein, chairman of the Supervisory Board of Heidelberger Druckmaschinen AG, comments: “The Supervisory Board is convinced of the strategic clarity, effectiveness, and passionate commitment of Jürgen Otto and Dr. David Schmedding. Since their appointment, the Executive Board has created financial leeway for Heidelberg, implemented strategic decisions, and increased the benefits for customers. The early contract extension is an expression of our confidence and a clear commitment to continuity and stability for employees and customers worldwide.”

CEO Jürgen Otto says, “The Supervisory Board’s confidence is both a confirmation and an incentive for me. In recent years, we have strategically repositioned Heidelberg and taken important steps toward becoming a diversified high-tech company that better leverages its potential for existing and new customers. We will continue on this path with consistency, speed, and a clear focus on results.”

Adds Schmedding, “We have further developed Heidelberg in terms of technology and market orientation and laid the foundation for future growth. I look forward to working with the Executive Board team and our employees to further increase customer value and expand our technological strength.”