By Tom Knighton
German firearms maker Heckler & Koch is undergoing a major shakeup today as Chairman and CEO Norbert Scheuch was ousted by the company’s supervisory board. The decision was announced via a press release from the company earlier today.
August 29, 2017. The supervisory board of H&K AG, the parent company of the Heckler & Koch Group (“Heckler & Koch”), has revoked the appointment of Mr. Norbert Scheuch as Chairman of the Executive Board and as Chief Executive Officer of H&K AG with immediate effect. The appointment of Mr. Norbert Scheuch as executive director of Heckler & Koch GmbH was also revoked with immediate effect.
Until the appointment of a successor in the near future, Mr. Wolfgang Hesse, the sole executive board member of H&K AG and the sole executive director of Heckler & Koch GmbH, will take over Mr. Scheuch’s duties, in close cooperation with the supervisory board.
The already initiated strategic realignment of the Group, the operational transformation process and the product innovation initiative will be continued unchanged.
About Heckler & Koch
The Heckler & Koch Group, in operation for more than 65 years, is a leading manufacturer of small arms with a premium quality product portfolio for the armed forces of the …Read the Rest
Source:: Bearing Arms