Hamburg/Düsseldorf 01. August 2003 – Fritz Grupe (51), the former partner and member of the management team of Kienbaum Executive Consultants opened the new office of the international Executive Search firm LAB Lachner Aden Beyer & Company on 5th August 2003 in Hamburg. LAB & Company herewith extends its market presence, continues its moderate growth and adds another sustained interesting area of competence to their portfolio on account of the prominent Health Care specialist Fritz Grupe. Mr. Grupe constitutes his change as follows: “Especially hospitals, university clinics, health care centres and health insurance companies are in need of personnel management consulting. LAB & Company, as an innovative, flexible and optimally networked Executive Search company, gives me the opportunity to excellently utilize my potential as a partner and healthcare-director with overall responsibility”. Besides the search and selection of top executives Mr. Grupe's responsibilities include amongst other things consultancy in matters pertaining to remuneration and labour contract design as well as coaching arrangements and management audits. LAB Managing Director Frank Beyer states: “We are very pleased that Fritz Grupe, one of the most qualified personnel consultants, joins our team. Moreover, Fritz Grupe's special healthcare focus perfectly enhances our present portfolio with main focus on automotive, energy/utilities, plant engineering and construction, engine construction, high-tech, services and media”.