DGAP-News
Change on the Supervisory Board of FUCHS PETROLUB SE: End of an era - Dr. Manfred Fuchs to step down after Annual General Meeting
DGAP-News: FUCHS PETROLUB SE / Key word(s): Change of Personnel
Change on the Supervisory Board of FUCHS PETROLUB SE: |
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