After a career spanning 47 years, the last six of which were spent as a successful Managing Director of SCHADE Lagertechnik GmbH, in Gelsenkirchen, Germany, Karl-Heinz Fiegenbaum was given a fitting send-off into retirement in the presence of approximately 70 staff and with the best wishes of the President of the Group, Franz-W. Aumund.

Karl-Heinz Fiegenbaum became Managing Director in July 2011 with responsibility for the sales and commercial side of the business. “Your time as MD has seen a marked growth in turnover, a significant increase in headcount and a transition to the company’s new strategic vision.” This was how Franz-W. Aumund described the major developments at SCHADE under the leadership of Mr Fiegenbaum.

A new sales organisation under the campaign name “SCHADE goes mega” was built up with the aim of marketing not only single machines but complete solution packages. This led to large projects with various customers and orders, in particular from Asia, in the range of tens of millions of Euros.

The exit strategy was well prepared and the transition was implemented by Mr Fiegenbaum before his departure. His successor, Dr Christoph Seifert, had joined the business as Technical Managing Director in February 2015, and he has now moved across to take responsibility for sales and commercial management. On 1st March this year, 57-year-old Klaus Paul joined SCHADE Lagertechnik to take over from Dr. Seifert as Technical Managing Director.

SCHADE Lagertechnik GmbH is one of the leading global manufacturers of stacking and reclaiming equipment for bulk materials stockyards and blending beds. The company benefits from the international network of the AUMUND Group in the cement industry, but has also made a name for itself as a partner to the power sector and in other important industries all over the world.

Photo: From left: Dr. Christoph Seifert (SCHADE, MD Sales), Franz-W. Aumund (AUMUND Group, President), Karl-Heinz Fiegenbaum (SCHADE, MD Sales), Andreas Klottka (AUMUND Holding, MD) and Klaus Paul (SCHADE, Technical MD)