21.09.2006

Changes to Demag Cranes supervisory board

Following its recent listing on the Frankfurt Stock Exchange, Demag Cranes AG has made further senior management changes

In a regular scheduled meeting of Demag Cranes Supervisory Board held in Dusseldorf today, Mr Reinhard Gorenflos has been appointed chairman of the Supervisory Board. Reinhard Gorenflos succeeds Dr. Horst Heidsieck who stepped down as chairman today, prior to the board meeting.


Dr. Heidsieck intends to retire as a member of the Supervisory Board of Demag Cranes AG at the end of 2006 as planned, as the activities of Demag Holding S.á r.l., Luxembourg, will be largely dissolved.