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ANNUAL REPORT 2014
REPORT OF THE
SUPERVISORY
BOARD
———
Ladies and Gentlemen,
On January 1, 2015, I took over as Chairman of the Supervisory Board of
Sennheiser electronic GmbH & Co. KG from Prof. Dr. Jörg Sennheiser. Since he
joined the company in 1976, Jörg Sennheiser has played a key role in securing
growth and a sustainable future for the Sennheiser Group. I would like to thank
him both personally as well as in the name of the entire Supervisory Board for
his many years of dedication. We have all committed to continuing the course he
has set and to remaining a family-owned company in the future.
The Supervisory Board also worked closely with the Executive Management Board
over the past year and has focused in detail on the company’s strategic direction.
Our collaboration was characterized by a constructive and open exchange as well
as by a joint effort to continue driving the Sennheiser Group’s success. The
Supervisory Board has thoroughly examined and approved without reservation
both the Consolidated Management Report and the Consolidated Financial
Statements.
During fiscal year 2014, the members of the Supervisory Board aside from myself
were: Prof. Dr. Jörg Sennheiser, Andreas Dornbracht and Johann Soder. The
Supervisory Board monitored the development of the Sennheiser Group during
regular meetings. Between meetings, we were provided with reports by the
management, both verbally and in writing, about all important decisions, projects
and business events. During the year under review, the members of the Executive
Management Board were: Dr. Andreas Sennheiser, Daniel Sennheiser, Volker
Bartels, Peter Callan, Peter Claussen, Thomas Weinzierl and Dr. h.c. Paul Whiting.
06
ANNUAL REPORT 2014
07
For the Sennheiser Group, 2014 was once again an extremely successful
business year marked by positive revenue growth. As members of the
Supervisory Board of Sennheiser electronic GmbH & Co. KG, we are
extraordinarily pleased with this result and see it as a confirmation of the
company’s strategy.
In light of this thoroughly positive development for the Sennheiser Group,
I would like to thank the Executive Management Board and all the company’s
employees. Your commitment and ideas have made a crucial contribution to
Sennheiser’s success. We are all looking forward to an equally successful year
in 2015 with many new product innovations in pursuit of the perfect sound.
On behalf of the Supervisory Board
Wedemark, May 2015
Dr. Ing. Frank Heinricht
Chairman of the Supervisory Board of Sennheiser electronic GmbH & Co. KG