Germany: Speciality Chemicals Business Lanxess Announces Changes to Supervisory Board

Editor: Alexander Stark

The current Chairman of Lanxess' supervisory board, Dr. Rolf Stomberg (77) will resign from his office as a member and Chairman of the Supervisory Board after the end of the Annual Stockholders’ Meeting on May 15, 2018.

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Dr. Rolf Stomberg will resign from his office after the Lanxess' annual stockholders’ meeting in May 2018.
Dr. Rolf Stomberg will resign from his office after the Lanxess' annual stockholders’ meeting in May 2018.
(Source: Lanxess)

Cologne/Germany — When Stomberg was re-elected to the Supervisory Board in 2015, he had announced support for the realignment of the company, but that he would not hold office the entire term. Now, he said that the company was doing well and was back on track for growth. Therefore, it was the right time to leave the Chair of the Supervisory Board to someone new.

Stomberg has recommended Dr. Matthias L. Wolfgruber (64) to succeed him for the position of Chairman of the Supervisory Board. Wolfgruber has a doctorate in chemistry, served as Chairman of the Board of Management of Altana AG, and has belonged to the supervisory body as a representative for stockholders since 2015. The new chairman will be elected by the Supervisory Board at its constituent, first meeting after the Annual Stockholders’ Meeting in 2018.

Pamela Knapp (60) is expected to be promoted as a new member to the Supervisory Board for Lanxess. Her election will be recommended to stockholders at the Annual Stockholders’ Meeting on May 15, 2018. She graduated in Economics and most recently served as the Chief Financial Officer (CFO) for GfK SE, the listed market research company based in Nuremberg, Germany. Prior to that, she was active in various management roles at the Siemens Group.

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