LANXESS: Changes at the top of the Supervisory Board
- Dr. Rolf Stomberg will resign from his office after the Annual Stockholders’ Meeting in May 2018
- Pamela Knapp is expected to be promoted to the Supervisory Board
Changes lie ahead for the top of the Supervisory Board for the specialty chemicals company LANXESS. The Board’s current Chairman, 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.
“When I was re-elected to the Supervisory Board in 2015, I announced support for the realignment of LANXESS, but that I would not hold office the entire term. Now the company is doing well and is back on track for growth – it is the right time to leave the Chair of the Supervisory Board to someone new,” said Stomberg.
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.
Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accepts any liability whatsoever arising directly or indirectly from the use of this document.
