HEIDELBERG GERMANY—  In a shock move Heidelberg CEO Dr Ludwin Monz is leaving the company after just over two years in the role, but the press manufacturer.Monz took up the top job at Heidelberg in April 2022, when he replaced Rainer Hundsdörfer. Prior to that he worked at Germany’s Zeiss Group for more than 25 years. He will step down at the end of June. Jürgen Otto (59) will become the new CEO of Heidelberger  on July 1, 2024. He succeeds Dr. Ludwin Monz, who will resign from his position as Chairman of the Management Board at his own request and in agreement with the Supervisory Board. At the end of June 30, 2024. Jürgen Otto brings decades of experience in the sustainable orientation of large industrial companies, complemented by experience in the field of turnaround management in the recent years. Looking ahead to his upcoming role, Jürgen Otto comments: "HEIDELBERG is an icon of German industry with product quality and service expertise that is appreciated worldwide. I am looking forward to becoming part of HEIDELBERG and working together with the management team around Tania von der Goltz and David Schmedding as well as all employees on a successful future for the company."