The global management structure of the Management Board corresponds to a matrix structure. The Management Board, as the executive body, holds responsibility for the segments. It is supported by six executive vice presidents, who are responsible for the following core operational functions worldwide: Research & Development/Engineering, Production, Product & Contract Management, Services, Sales and Human Resources. Together with the Management Board, these six executive vice presidents form the Executive Committee. Global functional accountability ensures the speed, flexibility and high efficiency of our organisation. Ongoing Group management and reporting to the capital market and Supervisory Board are based on standard reporting (for the reference objects Group, segments, individual entities). This reporting continues to be the primary reporting of Demag Cranes AG.

The global sales organisation, through which the sale of our products and services is managed Group-wide, comprises local sales and service companies and a partner network.

The production network comprises our own strategically sited component factories in Germany, Brazil and China as well as local crane factories and partners, and ensures consistently high product quality at high levels of efficiency.

The following chart provides an overview of the organisation of the Demag Cranes AG Management Board:

Demag Cranes AG Organisational Chart

Management Board responsibilities and the attached responsibilities of the other members of the Executive Committee as well as the disciplinary and functional reporting lines are presented in the following chart:

The Executive Committee