Dr Kai Deneke to succeed Stephan Ernst as Heinemann Chief Financial Officer

By Luke Barras-hill |

Dr Kai Deneke steps up as CFO from 1 July.

Gebr. Heinemann has announced a change to its Executive Board with Dr Kai Deneke promoted to Chief Financial Officer, replacing Stephan Ernst.

Ernst will remain in his post to close the 2021 financial year before Deneke – currently Director Controlling – takes over beginning 1 July.

Commenting on his departure, Ernst said: “It is simply the right time. Following losses in 2020, we managed a turnaround last year. We now expect good results for 2022 and are again focusing on growth issues.”

Gebr. Heinemann CEO Max Heinemann said: “We owe Stephan a great deal and we look forward to continuing our relationship in a spirit of friendship outside of daily business. As a family company we are pleased to fill the position of CFO with an ideal candidate, Dr Kai Deneke, who has been selected from within our ranks.”

Stephan Ernst.

TWENTY YEARS AT HEINEMANN

Co-owner Claus Heinemann, who together with his cousin Gunnar appointed Stephan Ernst to the Executive Board in 2010, commented: “We would like to thank Stephan Ernst for his support throughout the years, especially in recent, difficult months. On a personal level, I really appreciated the critical and constructive way in which he always focused on the interests of the company.”

Having joined Heinemann as Head of Controlling in 2001, Ernst went on to lead the finance division in 2007 and has been responsible for both functions since 2010. He added IT to his remit in 2012.

Over his long and committed tenure, the Hamburg native and married father of three children has also performed a number of supervisory and management board roles and offered guidance to other divisions such as procurement and facility management.

Prior to the pandemic, he supported Heinemann through decades of growth and in 2012 led the change of the company’s name to SE & Co. KG as a pretext for its future international expansion.

“I’m looking forward to having more time for things that have been rather neglected in recent years and know that my Finance, IT, Procurement and Facility Management departments are well-positioned and ready to face future challenges,” added Ernst.

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