Karl-Heinz Streibich, Chairman of Dürr AG's Supervisory Board: "Pekka Paasivaara has a wealth of experience in automation technology and plant engineering. Under his leadership, HOMAG Group AG has become an essential pillar of the Dürr Group. His additional role on the Dürr AG Board of Management reflects the increasing importance of the Woodworking Machinery and Systems division."
Pekka Paasivaara's appointment to the Dürr Board of Management means that all three subgroups (Dürr, Schenck, HOMAG) are now represented on the Group's Board. He will also be responsible for the new Group-wide function "Operational Excellence", created to further promote efficient processes within the Dürr Group.
Important stages of Pekka Paasivaara's career include ABB Flexible Automation, Rexroth Indramat, Bosch Rexroth, Lenze as well as Germanischer Lloyd and its successor company DNV GL Group. Finnish born Pekka Paasivaara has been leading HOMAG Group AG, which is majority-owned by the Dürr Group, since June 15, 2015, and he will continue to perform this task. Pekka Paasivaara studied economics in Finland and the United States and holds an MBA from IMD in Lausanne. Married with one child, he has been living in Germany for 23 years.