Change in Management Oliver Albrecht — New Appointed Managing Director

Vetter, a contract development and manufacturing organization that specializes in aseptic manufacturing, announced that the company’s Advisory Board appointed Oliver Albrecht as a new Managing Director since April 1.

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Ravensburg/Germany — Oliver Albrecht replaces Max Horn as a Managing Director who left the company last year. In his new role as Managing Director, Albrecht will be responsible for two of the eight company divisions, the first of which is comprised of Finance, Controlling and IT. The second division includes Corporate Development, Legal and Corporate Compliance.

Oliver Albrecht has more than 20 years of experience managing international, medium-sized listed companies both as a Managing Director and as Chief Financial Officer in a wide variety of industries including banking, automotive, and mechanical engineering. In recent years, Oliver held the position as Chief Financial Officer for SHW headquartered in Aalen/Germany and acted also as an independent consultant for mid-sized companies.

“We undertook a rigorous selection process to identify the right person to help lead our company forward,” said Udo J. Vetter, Chairman of the company’s Advisory Board and member of the owner family. “Oliver’s vast experience in a variety of industries, combined with his deep knowledge of achieving operational and financial excellence will be a tremendous asset to Vetter.”

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