New CEO Management change at TCM International

Austria — After 36 years at the helm of the company, Manfred Kainz is retiring from management of tool management company TCM. He will in future chair the shareholders' meeting. Markus Temmel, the company's COO to date, will take over his role as CEO.

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After 36 years at the head of TCM, which he founded and built up together with his wife Anna in 1986, Manfred Kainz is retiring from operational responsibility and handing over management of the company. During the next few years, he plans to support the new management team, headed by Markus Temmel, in an advisory capacity as Chairman of the Shareholders' Meeting.

Kainz can look back on an extremely successful entrepreneurial career with TCM. The milestones of the company's development include, for example, the first tool management in 1996 in Hungary (at GM in Szentgotthard'), the founding of TCM International in 1998, the move to China (2001), the founding of the TCM service center (including the tool making and tool grinding shop) at Opel in Bochum, Germany, (2005) and the acquisition of the companies Achterberg (2008) and Wintool (2015).

TCM has been named “Supplier of the Year” three times by General Motors. TCM's involvement in founding the Styrian Automobile Cluster (AC Styria), whose founding managing director Manfred Kainz acted as its founding managing director, and its participation in Spielberg New Project Development Company, whose work forms the basis for today's “Red Bull Ring” in Spielberg. Kainz: “I am fortunate to be able to look back on exciting years in which it was always important to me to be ahead of the curve. My employees and I have overcome crises and celebrated successes together. I would like to thank everyone who is part of the TCM team.”

Markus Temmel, who will head the internationally leading, technology-oriented tool management company with immediate effect, will be supported by a management team made up of long-standing, experienced executives. In addition to Temmel, the management of TCM International includes Christian Grinschgl (CFO), Wolfgang Lang (CHRO) and Julian Kainz (GF TCM Austria). Temmel studied information management at the FH Joanneum and started to work at TCM during his studies in 2004. Temmel has been a member of the management board since 2016 and most recently acted as COO and Managing Director.

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