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“On track for further growth”

Blieskastel, 14th April 2015

“On track for further growth”
Supervisory Board confirms Hager Group’s Board of Directors in office.

“Hager Group can look back on years of strong growth. The opportunities for growth in the coming years set a big challenge for Hager Group. The current Board has the full confidence of the Supervisory Board to successfully steer Hager Group in the future.” With this statement, Hager Group’s Supervisory Board, which met on 13th April 2015 in Arenzano, confirmed all members of the Board of Directors in office for a further five years. The Board of Directors comprises Chief Executive Officer Daniel Hager, Chief Group Resources Officer Philippe Ferragu and Chief Operating Officer Bertrand Schmitt.

“In a relatively difficult year, 2014, Hager Group once again saw dynamic development and was even able to exceed its ambitious objectives,” explains Günther Fleig, chairman of the Group’s Supervisory Board. Further business success for the company will be possible with further growth, believes Fleig. “In addition, the way the company is organised in the future, needs to be adjusted to ensure a good fit in terms of size and the way in which the different parts interact for the customers. The company is addressing this systematically with its strategy.”
Hager Group can approach these tasks from a position of strength, so this is an excellent point of departure, adds Fleig.

As well as Günther Fleig, Hager Group’s Supervisory Board comprises Evi Hager (Deputy Chairman), Philip Hager, Professor Rainer Lorz, Christian Buchel and Antoine Raymond.

  

About Hager Group
Hager was founded in 1955 in Ensheim, Saarland - Germany. The group is today a leading supplier of solutions and services for electrical installations in residential, commercial and industrial buildings. Its range of solutions and services extends from energy distribution to cable management and from security systems to building automation.

As an independent family-owned and run company based in Blieskastel, Germany, Hager Group is one of the industry's innovation leaders. 11,400 employees generate a turnover of 1.7 billion euros. Components and applications are produced in 23 locations around the globe and customers in more than 95 countries all over the world trust in them. Thanks to this mutual trust we built our success.
www.hagergroup.com