Ennepetal, Germany. At the beginning of 2009, the then sole proprietor of the DORMA Group, Karl-Rudolf Mankel, transferred the majority of his shares in the company to his daughters Christine and Stephanie Mankel, putting in train a generation change in the organisation抯 ownership structure. Now a further change has taken place at the CEO level. Thomas P. Wagner (42), the former CEO and Managing Director of elevator and escalator manufacturer OTIS Germany, joined DORMA as Dr. Michael Schädlich抯 successor on February 1, 2010.

Born in Gaildorf, Baden-W黵ttemberg and holder of a master抯 degree in engineering with economics, Thomas P. Wagner held various senior managerial posts in sales at the world抯 largest elevator systems manufacturer. He joined the Management Board of OTIS Germany in 2001. In 2002 he assumed international responsibility as Area Director, Eastern Europe Group, stationed at OTIS in Moscow. And in 2006, he was appointed CEO and Managing Director of OTIS Germany.

Also effective February 1, 2010, former members of the DORMA Managing Board Michael Flacke (Finance) and Lothar Linde (Engineering & Production) were appointed Managing Directors of the company

Having been with DORMA for a little over 15 years, Dr. Michael Schädlich resigned his executive managerial posts as of January 31, 2010 but will remain in a consultancy capacity with the DORMA Group until expiry of his contract of employment on June 30, 2010.
Source: Dorma