Change on the Supervisory Board of FUCHS PETROLUB SE: End of an era - Dr. Manfred Fuchs to step down after Annual General Meeting (news with additional features)
DGAP-News: FUCHS PETROLUB SE / Key word(s): Change of Personnel
23.02.2017 / 09:02
The issuer is solely responsible for the content of this announcement.
Change on the Supervisory Board of FUCHS PETROLUB SE: End of an era - Dr. Manfred Fuchs to step down after Annual General Meeting
Dr. Manfred Fuchs (78) is to step down after 13 years as Deputy Chairman of the Supervisory Board at the end of the FUCHS Annual General Meeting on May 5, 2017. The Supervisory Board's nomination for his successor is Dr. Susanne Fuchs (52), who will introduce herself to shareholders at this year's Annual General Meeting. Dr. Susanne Fuchs, who belongs to the third generation of the entrepreneurial family, holds a doctorate in veterinary medicine and successfully completed her MBA at the Open University in the UK in 2016.
Dr. Manfred Fuchs took responsibility for the lubricants company founded in 1931 early on. He succeeded his father and company founder Rudolf Fuchs in 1963, at the age of 24. The development of FUCHS to a global player, strong growth primarily through acquisitions, early entry into growth markets such as China, the creation and integration of a group with global operations and the IPO in 1985 were just some of the important milestones in his 41 years as Chairman of the Executive Board at FUCHS PETROLUB.
At the end of 2003, Dr. Manfred Fuchs retired as Chairman of the Executive Board and joined the Supervisory Board of FUCHS PETROLUB as Deputy Chairman. He was succeeded in 2004 by his son Stefan Fuchs, who has been Chairman of the Executive Board ever since.
After 41 years at the head of the company and 13 years of activity on the Supervisory Board, an era is now coming to an end. As Managing Director of the family company RUDOLF FUCHS, in which the family's shares are pooled, he will continue to follow the development of FUCHS PETROLUB with great interest. In recognition and appreciation of his outstanding achievements as Executive Board member, Supervisory Board member and anchor shareholder of FUCHS PETROLUB over more than five decades, the Supervisory Board appoints Dr. Manfred Fuchs as Honorary Chairman of the Supervisory Board.
"On behalf of the Supervisory Board and the Executive Board, we give Dr. Manfred Fuchs our warmest thanks for his extraordinary entrepreneurial performance and successful Supervisory Board work. Dr. Manfred Fuchs actively shaped and supported the development of the company with his outstanding personality and his great wealth of business experience. We wish him all the best for the future and continued good health," says Dr. Jürgen Hambrecht, Chairman of the Supervisory Board.
Mannheim, February 23, 2017
FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel. +49 621 3802-1104
tina.vogel@fuchs-oil.de
www.fuchs.com/group
Press photos: www.fuchs.com/group/photogallery
About FUCHS
The FUCHS Group develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. The company, which was founded in Mannheim in 1931, employs around 5,000 people worldwide at 55 operating companies. FUCHS is the world's largest independent lubricant manufacturer. The most important markets in terms of sales revenues are Western Europe, Asia and North America.
Additional features:
Picture: http://newsfeed2.eqs.com/fuchs/546985.html Subtitle: Dr. Susanne Fuchs_Dr. Manfred Fuchs
23.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: FUCHS PETROLUB SE
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-7190
E-mail: ir@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange
End of News DGAP News Service
23.02.2017 / 09:02
The issuer is solely responsible for the content of this announcement.
Change on the Supervisory Board of FUCHS PETROLUB SE: End of an era - Dr. Manfred Fuchs to step down after Annual General Meeting
Dr. Manfred Fuchs (78) is to step down after 13 years as Deputy Chairman of the Supervisory Board at the end of the FUCHS Annual General Meeting on May 5, 2017. The Supervisory Board's nomination for his successor is Dr. Susanne Fuchs (52), who will introduce herself to shareholders at this year's Annual General Meeting. Dr. Susanne Fuchs, who belongs to the third generation of the entrepreneurial family, holds a doctorate in veterinary medicine and successfully completed her MBA at the Open University in the UK in 2016.
Dr. Manfred Fuchs took responsibility for the lubricants company founded in 1931 early on. He succeeded his father and company founder Rudolf Fuchs in 1963, at the age of 24. The development of FUCHS to a global player, strong growth primarily through acquisitions, early entry into growth markets such as China, the creation and integration of a group with global operations and the IPO in 1985 were just some of the important milestones in his 41 years as Chairman of the Executive Board at FUCHS PETROLUB.
At the end of 2003, Dr. Manfred Fuchs retired as Chairman of the Executive Board and joined the Supervisory Board of FUCHS PETROLUB as Deputy Chairman. He was succeeded in 2004 by his son Stefan Fuchs, who has been Chairman of the Executive Board ever since.
After 41 years at the head of the company and 13 years of activity on the Supervisory Board, an era is now coming to an end. As Managing Director of the family company RUDOLF FUCHS, in which the family's shares are pooled, he will continue to follow the development of FUCHS PETROLUB with great interest. In recognition and appreciation of his outstanding achievements as Executive Board member, Supervisory Board member and anchor shareholder of FUCHS PETROLUB over more than five decades, the Supervisory Board appoints Dr. Manfred Fuchs as Honorary Chairman of the Supervisory Board.
"On behalf of the Supervisory Board and the Executive Board, we give Dr. Manfred Fuchs our warmest thanks for his extraordinary entrepreneurial performance and successful Supervisory Board work. Dr. Manfred Fuchs actively shaped and supported the development of the company with his outstanding personality and his great wealth of business experience. We wish him all the best for the future and continued good health," says Dr. Jürgen Hambrecht, Chairman of the Supervisory Board.
Mannheim, February 23, 2017
FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel. +49 621 3802-1104
tina.vogel@fuchs-oil.de
www.fuchs.com/group
Press photos: www.fuchs.com/group/photogallery
About FUCHS
The FUCHS Group develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. The company, which was founded in Mannheim in 1931, employs around 5,000 people worldwide at 55 operating companies. FUCHS is the world's largest independent lubricant manufacturer. The most important markets in terms of sales revenues are Western Europe, Asia and North America.
Additional features:
Picture: http://newsfeed2.eqs.com/fuchs/546985.html Subtitle: Dr. Susanne Fuchs_Dr. Manfred Fuchs
23.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: FUCHS PETROLUB SE
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-7190
E-mail: ir@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange
End of News DGAP News Service