Gauselmann announces new management team

Management board members and managing directors Jürgen Stühmeyer, Dr Werner Schroer and Lars Felderhoff will each cede their responsibilities from 1 October 2021 under plans unveiled by the parent company of Gauselmann Group and its subsidiaries, such as Merkur Gaming.

Dominik Raasch, the director of product management, will assume responsibility for sales, with Frank Gläser, currently deputy director of research and development, taking on the research and development brief. Administration and finances responsibilities will lie with Jochen Clemens, head of finance and the company’s deputy chief financial officer.

Gauselmann added that production management will remain in the hands of Hans-Martin Grube, while Joachim Mohrmann will continue to be responsible for service. The group also said the reshuffle will not bring about any changes in the overall responsibility for the Merkur business segment.

A Gauselmann spokesperson added in a statement: “The new appointments will remove the dual function of the three previous managing directors with their respective management board divisions and distribute responsibility within the Merkur business segment across several shoulders.

“At the same time, this new structure will guarantee that the company will continue to make a significant contribution to the corporate success of the Gauselmann Group.”

Last September, Gauselmann Group reported a 6.7% year-on-year rise in revenue for its 2019 financial year, despite its business being impacted by the novel coronavirus (Covid-19) pandemic.

Revenue for the 12-month period amounted to €2.56bn (£2.31bn/$3.04bn), up from €2.41bn in the previous year.