Hoffmann Transforms into SE and Approves Changes to the Board of Executive Directors

     (Photo: http://mma.prnewswire.com/media/621214/Hoffmann_Group_Dr_Robert_Blackburn.jpg )

     (Photo: http://mma.prnewswire.com/media/621215/Hoffmann_Group_Annette_Stieve.jpg )

     (Photo: http://mma.prnewswire.com/media/621216/Hoffmann_Group_Borries_Schuler.jpg )

The Supervisory Board of Hoffmann SE has appointed Annette Stieve to the Board of Executive Directors of Hoffmann SE, effective 1 January 2018. Annette Stieve will be responsible for Finance & General Services. Stieve comes from French company Faurecia, an international leading automotive supplier where she was Managing Director of the German subsidiary last. Until end of 2017, she is still in charge as CFO of Faurecia Group's European region.

The Supervisory Board of Hoffmann SE has also appointed Borries Schüler to the Board of Executive Directors of Hoffmann SE, effective 1 January 2018. Schüler will be responsible for Strategic Product Management. He has been working with Hoffmann since 2002, leading the company's biggest product segments last.

Also effective 1 January 2018, Member of the Board of Executive Directors of Hoffmann SE Siegfried Neher will assume responsibility for the new Executive Board Function Human Resources (HR) & Strategic Transformation. Neher has been with Hoffmann since 1997 and has led different areas of responsibility in the past.

"These new appointments to the Board of Executive Directors put us in an ideal position to master the challenges ahead in light of our strategic transformation," explains Dr. Robert Blackburn, Chairman of the Board of Executive Directors & CEO of Hoffmann SE. "With Annette Stieve, we have won a strategically minded finance expert with a wealth of international experience and the all-around ability to propel our finance department to new heights. Siegfried Neher and Borries Schüler stand for in-depth knowledge and deep market expertise. The two shape our company's culture for many years."

Effective 1 January 2018, the Hoffmann's Board of Executive Directors consists of six members with roles and responsibilities as follows:

• Dr. Robert Blackburn, Chairman of the Board of Executive Directors & CEO: Senior Executive HR & Organization, Corporate Communications,
  Corporate Development, Compliance Management, Legal.
• Martin Reichenecker, Member of the Board of Executive Directors: GSA (Germany, Switzerland, Austria), Europe, Asia & Marketing.
• Dr. Christoph Steiger; Member of the Board of Executive Directors: Americas and Digital Business.
• Borries Schüler, Member of the Board of Executive Directors: Strategic Product Management.
• Siegfried Neher, Member of the Board of Executive Directors: HR & Strategic Transformation.
• Annette Stieve, Member of the Executive Board of Directors: Finance & General Services.

About Hoffmann 
The Munich-based Hoffmann Group, built on the true quality of German design and engineering, is Europe's leading system partner for quality tools. Hoffmann Group combines commercial expertise with both manufacturing and service competence. This combination guarantees reliability in supply, quality and productivity in the tooling sector and with workstations and storage solutions to over 135,000 customers. Optimum and reliable advice, from individual needs analysis through to efficient use of products, is assured at all times. Alongside tools for machining, clamping, measuring, grinding and cutting, the portfolio also comprises hand tools, protective work-wear, workstations and storage and workshop accessories. Customers include major listed companies as well as medium-sized and small companies in more than 50 countries. In 2016, Hoffmann Group generated a worldwide turnover of more than 1.1 billion euros. Including GARANT, its own premium brand, Hoffmann Group offers 75,000 quality tools from the world's leading manufacturers. With comprehensive customer service and a delivery quality of over 99 percent as certified by TÜV, the tools specialist with its head office in Munich is a reliable and efficient partner for its customers.

For further information: www.hoffmann-group.com

Hoffmann SE 
Haberlandstrasse 55
D-81241 Munich, Germany
www.hoffmann-group.com

Media Relations
Uwe Wolfinger
Tel: +49-89-8391-9820
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E-Mail: [email protected]

SOURCE Hoffmann Group