Gauselmann subsidiary HESS names Dominik Seel as new CFO

Dominik Seel has been appointed Managing Director (CFO) at HESS Cash Systems, a subsidiary of the family-run Gauselmann Group from Espelkamp, North Rhine-Westphalia. The Gauselmann Group is thus reinforcing the HESS management team with a further position.

Ulrich Bauer, as CEO and Chairman, continues to be responsible for Sales and Service, Marketing and Public Relations, as well as for the Product Management and Research and Development departments. Together, the managing directors will determine the strategic objectives and continuous growth of the corporate group.

In the newly created position, Seel will be in charge of Finance and Controlling, Production and Order Management as well as Administration and HR. The 45-year-old business graduate has a long-term international management experience in Finance. He has worked for several well-known medium-sized and some listed companies. Thus, he is well prepared for his future challenges with the HESS Group.

Most recently, Dominik Seel served several years as CFO for a medium-sized engineering company. “I’m looking forward to the exciting challenge and new tasks. The HESS Group is very well positioned in the market and has great development potential. Together with Ulrich Bauer and the HESS team, we will continue on this successful path,” Seel says.

The HESS Group is market leader and a specialist for cash handling and payment system solutions for banks, public institutions and retail enterprises. “This business with products and software solutions offers enormous potential for further growth in existing markets and for expanding the successful entry into the OEM components business together with ATM manufacturers. We are delighted that in Dominik Seel we have been able to win a financial expert with additional interdisciplinary experience for the HESS Group,” explains Lars Felderhoff, CFO of the Gauselmann Group.