PMO 2008
In summer 2007 the Putzmeister Group introduced the new
Putzmeister Organization 2008 (PMO 2008) which is now step by step realized for 2008 and onwards.
PMO 2008 separates in following up functional organization our group businesses in a first stage into three Market Technique Fields (MTF):
In later stages other existing divisions will follow as legally separated MTF’s.
These 3 main Market Technique Fields are legally and functionally organized under the roof of the
PUTZMEISTER Holding GmbH (PMH).
PMH will now act as management holding after is was founded in 1998 as legally required intermediate company for the KS- Foundations. Consequently our traditional mortar machine business with its 3 companies (
PMM,
Lancy &
Brinkmann) will no longer be part of the Putzmeister Concrete Pumps GmbH. In future the PM AG will fully focus on its main competence field “Concrete Technology” to ensure highest effectivity and to evaluate new growth potentials.
In PMO 2008 each Market Technique Field has to decide individually on their operative matters. However key strategic questions and topics relevant for the whole group, will be jointly decided with the PMH (see below).
As platform for such decisions the extended Management Board of the Putzmeister Holding (eGF) has been introduced in April 2007. Its members are the PMH - Managing Directors and one delegate of each MTF.
Members are at present:
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Dr. Ralf von Baer
Managing Director PMH
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Carlos Megino
Director PMT
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PMO 2008 gives the Putzmeister Group a more effective structure as required for continuing our traditional global growth towards 2 Billion Euro in 2015. It aims for adding more operative independent MTFs directly at the Putzmeister Holding within the Karl Schlecht Foundations (
Karl Schlecht gemeinnützige Stiftung - KSG &
Karl Schlecht Familienstiftung - KSF). The new MTFs will have different markets as well as different products and as a consequence a corresponding different technical culture. This process is in accordance with our mission statement as expressed in the Putzmeister World Book (PWB) published by the founder of the PM Group
Karl Schlecht. According to PWB the development of new MTF should mainly occur out of existing departments of PM group as also shown in the following diagram.
To enhance this process of developing PMO 2008 we have given the status of a so called
emerging Market Technique Field (eMTF) to the existing business units (divisions):
- Putzmeister Underground Construction & Mining (PUC) – as part of PMIB
- Putzmeister Industrial Technology (PIT) - as part of PMAG
- Putzmeister Belt Technology (PBT) - as part of PMA
- Putzmeister Water Technology (PWT) – as part of PMM
Within the next 2 – 4 years they will become gradually more and more autonomous before finally reaching the status of a separate legal entity direct under PMH.
Although our PMT will only become totally separated as a legal unit at the end of 2007 it acts already now as defined in PMO 2008, meaning practically as an affiliate of PMH. The underlying rules and bylaws are now gradually being updated until the end of the year to suit the new structure.
Until the end of 2007 the supervisory board for PMAG remain unchanged. PMH will introduce for the first time ever a supervisory board at the end of 2007. The representatives of the shareholder in the present supervisory board of the PMAG will then become members of the new PMH supervisory board. The supervisory boards of the foundations KSG & KSF remain unchanged for the time being. Also no changes in the full ownership of PM Holding by the two foundations are intended.
