Würzburg register court has followed shareholders’ recommendation, appointing Dagmar Rehm to the KBA supervisory board.

The appointment, effective from March 27, follows the decision of Heinz-Joachim Neubürger’s decision to leave the board, leaving the seat vacant.

It is the first time since the company’s listing on stock exchange nearly 30 years ago that a woman has held a seat as shareholder representative on the supervisory board of what is the world’s oldest and second-largest printing press manufacturer.

Rehm (50) is chief financial officer at Bilfinger Industrial Technologies. She has a a degree in economics, worked in finance and accounting from 1989-1995 at the former AEG and until 2005 held senior commercial positions at German rail operator Deutsche Bahn. She later became senior vice-president corporate controlling at tour operator Thomas Cook.

She moved to construction and services group Bilfinger Berger in Frankfurt as chief financial officer of the concessions division and held her present position since the beginning of 2013.

She will stand for election by the shareholders at the annual meeting on May 28 in Würzburg.