Werner M. Dornscheidt retires leaving Messe Düsseldorf after almost 37 yearsJune 28, 2020
Werner M. Dornscheidt has left his mark on Messe Düsseldorf: its corporate strategy, its international outlook, its state-of-the-art premises, its digital transformation and its financial stability. After almost 17 years as a President & CEO – and serving the company for about 37 years – Werner M. Dornscheidt will now resign from his office on 30 June 2020. “Trade fairs are my life,” says the outgoing CEO. “What we have built up together with my team over all those years benefits the company today. While conditions are difficult at present, it is comforting to know that ‘my’ company is in good hands. The team is already busy working on a re-start and developing further digital add-ons so that Messe Düsseldorf will also remain the successful, reputable company in future that it is today. I have made my contribution.”
Profitable, subsidy-free management and financial stability are two trademarks of the Dornscheidt era. The Messe Düsseldorf Group closed the last full business year under his leadership with a sales increase of 28.7% to EUR 378.5 million (previous year: EUR 294 million). Group earnings after tax more than doubled in 2019 at EUR 56.6 million (previous year: EUR 24.3 million). In 2004 Dornscheidt took over as CEO of the company when the Messe Düsseldorf Group posted an ROI of 6.4% and a core capital ratio of 34.4%. Its ROI recently rose to 14.8% and its core equity ratio to 66%.