wolfgang schäfer stepped down from office on march 17, 2014, which had been expected, after he had driven the restructuring of the company by initiating insolvency proceedings and playing a major role in the creation of the insolvency plan. schäfer remained in office until the end of the insolvency proceedings in september 2014. the restructuring expert hans-joachim ziem was also appointed to the board.] ralf jung took over as ceo of the company with effect from 21 september 2014, at which time hans-joachim ziem left the board.