Changes in Corporate Management

As CEO EMEA, Michael Seddig will therefore be responsible for the family company's largest sales region from April 2025. As COO EMEA, he has spent the last one and a half years driving forward the alignment of the supply chain with the customer, a wide range of process improvements and massive expansions in production capacity. He will continue in this role. Before joining Lapp, Seddig held global, customer-facing management positions at Leoni, a supplier of cable solutions and wiring systems for the automotive industry.

"With this key appointment, we are specifically strengthening our global and regional management structure in order to align our organization even more quickly and precisely with the needs of our customers in the future. It was clear to me right from the start of the generational change that I would ultimately like to focus on the global CEO position. The regional management position was to be filled internally. We have now found the right person for this from within our own ranks," explains Matthias Lapp.

The family initiated the handover to the third generation in 2022, when Andreas and Siegbert E. Lapp retired from the Group's operating business. Matthias Lapp took over as CEO from Andreas Lapp after twelve years with the company. Katharina Lapp succeeded Siegbert Lapp on the Group's Supervisory Board. Since then, Matthias Lapp has held his position as CEO of the Group in addition to his EMEA role.

Change in the Supervisory Board of the European parent company

At the same time, Andreas Lapp is stepping down as Chairman of the Supervisory Board of the European parent company U.I. Lapp. He will be succeeded by his nephew Matthias Lapp, who will become Chairman of the Supervisory Board following his retirement from EMEA management.
Andreas Lapp: "One thing is clear: Lapp is and will remain a genuine family business. Family members will continue to guide the fortunes of the Lapp Group in the future." The change in the Supervisory Board of U.I. Lapp will not result in any changes to the Supervisory Board of the global Lapp Holding. This consists of the Chairman of the Supervisory Board, Dr. Hans Schumacher, as well as Peter Schmid and Katharina Lapp.