Munich, October 19, 2011 – At its ordinary meeting on October 19, 2011 the supervisory board of Nemetschek AG (ISIN 0006452907) appointed Mr. Tim Alexander Lüdke (43) to the managing board and as chief executive officer (CEO) with effect from November 1, 2011.
On request of the current sole member of the board, Ernst Homolka, three months ago the supervisory board passed a resolution to extend the managing board of the company. Mr. Lüdke was selected in a professional process. In addition to responsibility for the operating business he will, in particular, significantly strengthen the strategic orientation, innovation management and the internationalisation of the Nemetschek Group.
Tim Alexander Lüdke, until recently partner of the consultancy firm Russell Reynolds, has almost twenty years' experience in technological companies. He started his career in industry in 1992 at CompuNet with further general manager posts at General Electric and Dell.
Sole member of the managing board until now, Ernst Homolka (44), will again take up the function of chief financial officer (CFO) from November 1.
Kurt Dobitsch, chairman of the supervisory board of Nemetschek AG: 'We would like to grow significantly more strongly in the coming years with a stable return on sales. Above all, we would like to intensively develop all the new business opportunities arising through the internet with the management competence and marketing experience of Mr. Lüdke.'
Tim Lüdke, designated CEO of Nemetschek AG: 'The Nemetschek Group has excellent foundations for positioning itself more strongly in the various markets. I have made it my objective to achieve technological and market leadership in the next few years with our competent management team.'