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Germany: Management Decision Altana Appoints Dr. Matthias L. Wolfgruber as New Chairman

| Editor: Ahlam Rais

Dr. Matthias L. Wolfgruber will succeed Dr. Klaus-Jürgen Schmieder as Altana’s new Chairman. Previously, Wolfgruber has been a member of the Supervisory Board of the company. Prof. Dr. Frank Richter has also been newly elected to the firm’s Supervisory Board.

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Dr. Matthias L. Wolfgruber is Altana’s new Chairman.
Dr. Matthias L. Wolfgruber is Altana’s new Chairman.
(Source: Altana)

Wesel/Germany – The Supervisory Board of the specialty chemicals group Altana has reconstituted itself. The Supervisory Board elected Dr. Matthias L. Wolfgruber, who has been a member of the Supervisory Board of Altana since March 2016, as its new chairman. Dr. Wolfgruber, who holds a doctorate in chemistry and in the past was the Chairman of the Management Board of Altana, succeeds Dr. Klaus-Jürgen Schmieder, a former member of the Management Board of L'Air Liquide, who left the Supervisory Board at the end of his term of office after reaching the age limit. Dr. Schmieder had been a member of the Supervisory Board since May 2001 and was its chairman since July 2012. The Supervisory and Management Boards expressly thank Dr. Schmieder for his many years of successful work and support of the Altana Group.

Prof. Dr. Frank Richter will become managing director of SKion on July 1, 2020 and was newly elected to the Supervisory Board. Ulrich Gajewiak and Susanne Klatten remain deputy chairpersons of the Supervisory Board.

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“We thank Dr. Schmieder for his great support in the past years and wish him all the best for his future. At the same time, we would like to welcome Professor Richter to the Supervisory Board of Altana. We are particularly pleased to have gained Dr. Wolfgruber as chairman. In his new function, he will continue to enrich the Supervisory Board both professionally and personally,” said Martin Babilas, CEO of Altana.

“To continue to accompany the Altana Group as Chairman of the Supervisory Board on its successful and sustainable growth path is both a pleasure and an honor for me,” said Dr. Matthias L. Wolfgruber. “Based on many years of experience, I know about the extraordinary potential of this company and especially of the people who work here.”

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