On 1 June 2016 there was a change in the management: Mr Christian Cremer succeeded Mr Hans-Heinrich Schmonsees. Mr Schmonsees can look back at a successful business career of 36 years. Starting as a commercial employee in 1980 and then Managing Director from 1997 to May 2016, Mr Schmonsees has made a decisive contribution to the development and success of TBSG. Mr Schmonsees will remain available to the company for a further 2 years in an advisory role. His successor, Christian Cremer, has been with the company since 1996 and was the Head of Sales until moving into management. We would like to thank Mr Schmonsees for his great commitment during his many years with the company and wish Mr Cremer every success for his new challenge and the associated tasks.