Where do you see the main challenges and opportunities in your new role?
Dr. Timo Reister: As a new member of the Executive Board, my goal is to provide fresh impetus and help drive the further development of FUCHS with my ideas. The fact that I know FUCHS very well, having held positions in Europe, North America and Asia, and that I am surrounded by an experienced executive team is obviously a massive plus. My regional area of responsibility, Asia-Pacific, Middle East and Africa, brings about cultural, economic, political and geographic challenges. At FUCHS, it is important for us to overcome these challenges more successfully than our competition and thereby further increase our market share. I see particular opportunities in having a sound foundation on which to build and a highly motivated team to work with. In addition, my region holds substantial growth potential for FUCHS due to the current market share situation, as well as the anticipated development of the lubricant market.