Dr. Michael Bauer is new CFO of GEA Air Treatment

Press Release

01. 09. 2005 Responsibility for finances of GEA Air Treatment are in new hands beginning on 1 October 2005

Dr. Michael Bauer
Dr. Michael Bauer

On 1 October of this year, Dr. Michael Bauer (37) will take over the position of Chief Financial Officer at GEA Air Treatment GmbH, in Herne, Germany. GEA Air Treatment GmbH is the parent company of the Air Treatment Division of the GEA Group.

Dr. Bauer will succeed Dr. Elmar Ewen, who will move to new responsibilities and new challenges outside the GEA Group.

As CFO, Dr. Bauer intends to apply his expertise and his experience in the fields of finance and organization to promote sales and growth within the Division. Dr. Bauer is equipped with all the tools of the trade necessary to keep a successful and active company on the right course, and to assure an even better position on the market. Dr. Bauer obtained his degree as an economist (Dipl.-Ökonom) at Witten/Herdecke University. After initial professional experience, Bauer later received his doctorate at the University of Eichstätt, in Germany.

In addition to his outstanding education, Dr. Bauer – the young father of two children – can also rely on his practically oriented approaches to thinking and taking action. He has already gained hands-on experience in various executive positions of the GEA Group, including an active role in reorganization of the Speciality Products Division. Dr. Bauer is currently employed at Lurgi AG as Director of Controlling and Risk Management.

“I am proud to be able to work at the top of such a dynamic company,” said Bauer, with reference to his future position at GEA Lufttechnik. “In close teamwork with my management colleagues, I plan to effectively support the operative business of the company.”

Dr. Hugo Blaum, Chairman of GEA Lufttechnik, is looking forward to his work with the new CFO. “We consider ourselves fortunate to have gained Dr. Bauer – a highly qualified finance specialist and experienced professional – for our top-management team.” Blaum emphasizes the fact that Bauer has shown great competence in the solution of business problem issues during his previous professional career – and that he has demonstrated a high degree of business as well as social responsibility at the same time.

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