FUCHS PETROLUB SE enlarges its Executive Board and makes it younger

The Vice Chairman of the Executive Board of FUCHS PETROLUB, Dr. Alexander Selent (62), will retire at the end of 2015 following his personal life planning. The business economist is the CFO of FUCHS PETROLUB SE for the past 16 years. He shaped the value-oriented corporate management through the FUCHS VALUE ADDED system which was introduced by him. The Supervisory and Executive Boards are grateful for his outstanding entrepreneurial performance, which will continue through the end of the year.

Today the Supervisory Board appointed Dagmar Steinert (50) to become CFO as of
January 1, 2016. Dagmar Steinert studied business economics and worked in an audit firm, most recently as tax advisor and chartered accountant for PWC. After further years as an executive in the area of finance at RHEINMETALL she started as Head of Investor Relations of FUCHS PETROLUB in 2013.

The Supervisory Board further decided to enlarge the Executive Board to five members and appointed Dr. Timo Reister (36) as the Board member responsible for Asia-Pacific/Africa as of January 1, 2016. Dr. Reister studied business economics and later earned his PhD. In 2009 after his start at FUCHS PETROLUB he was responsible in the US for the OEM and LUBRITECH businesses as well as FUCHS Mexico for just short of five years. Since 2014
Dr. Reister is a member of the Group Management Committee based in Shanghai and carries the responsibility for the growth region Asia-Pacific.

Today the Supervisory Board also decided to renew the contract of Stefan Fuchs (47), the Chairman of the Executive Board, until June 30, 2021. This warrants the continuity within the Executive Board of FUCHS PETROLUB. Further members of the Executive Board are Dr. Lutz Lindemann (55) and Dr. Ralph Rheinboldt (47) since six years. Dr. Lindemann carries the responsibility for Research & Development, Technology, Supply Chain and the international OEM and Mining businesses. Dr. Rheinboldt takes responsibility for Europe and the international LUBRITECH business.

Mannheim, July 20, 2015

FUCHS PETROLUB SE
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68169 Mannheim
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E-Mail: tina.vogel@fuchs-oil.de

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