Manz AG announced that Martin Drasch, Chief Operating Officer of the company since 2015, has been appointed as Chief Executive Officer by the Supervisory Board effective October 01, 2018. Mr. Drasch succeeds Eckhard Hörner-Marass, who held the position since July 2017. Mr. Hörner-Marass has been responsible for the restructuring and realignment of the Manz Group since October 2016, which also fell within his sphere of responsibility as CEO. Having now successfully met the milestones agreed to with the Supervisory Board ahead of schedule and after the handover process in the management team went quickly and efficiently, the Supervisory Board has agreed to Mr. Hörner-Marass's request to conclude his term of office on the Managing Board early on September 30, 2018.