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DGAP-News: RATIONAL AG: Dr Axel Kaufmann takes over as CFO from Erich Baumgaertner

11.09.2015, 09:00 Uhr

DGAP-News: RATIONAL AG / Key word(s): Change of Personnel RATIONAL AG: Dr Axel Kaufmann takes over as CFO from Erich Baumgaertner

11.09.2015 / 09:00


Press release

Dr Axel Kaufmann takes over as CFO from Erich Baumgaertner

Landsberg, September 11th, 2015. Erich Baumgaertner (61) will after more than 17 successful years at RATIONAL step down as CFO on December 31st, 2015. Dr Axel Kaufmann will take over this assignment.

Dr Kaufmann (45) has the necessary broad finance and industry background on an international level. He had leading positions in the finance sector in various industries. Since 2010 he was CFO and Deputy Chief Executive Officer for Koenig & Bauer AG, an SDAX listed family business where he was significantly involved in the restructuring and the new strategic alignment of the group.

Dr Axel Kaufmann began his career with an apprenticeship at Deutsche Bank. In 1996 he started working with Siemens where he held various managerial functions and gained wide-range experience both nationally and internationally in particular in the financial, supply chain and administrative areas for over 10 years. Thereafter he had a senior position at Nokia Networks for various business units as the Head of Finance and later on in the area of Business Strategy.

Dr Kaufmann will start his assignment with RATIONAL on October 1st, 2015 and will gradually take over the tasks and resorts of Erich Baumgaertner.


"I am very pleased that we were able to win Dr Axel Kaufmann, a highly experienced manager who enjoys an excellent reputation as CFO on the capital market", so Siegfried Meister, Chairman of the Supervisory Board and founder from RATIONAL AG.

"With his great expertise and his commitment Mr Baumgaertner was able to accompany RATIONAL to become a global player and one of the most recognized companies on the German stock market", says Siegfried Meister. "I would like to thank him for his many years of service for the benefit of our customers and our company."

After his resignation Erich Baumgaertner will also be in future by the company's side in an advisory capacity.

Contact person:

RATIONAL Aktiengesellschaft Dr Peter Stadelmann Tel. +49 (0)8191 327-3309 Fax +49 (0)8191 327-272 E-mail:


11.09.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at and


Language: English
Iglinger Straße 62
86899 Landsberg a. Lech
Phone: 0049 8191 327 2209
Fax: 0049 8191 327 722209
ISIN: DE0007010803
WKN: 701080
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart

End of News DGAP News Service
393819 11.09.2015

Firmenname: RATIONAL AG; Land: Deutschland; VWD Selektoren: 1E;