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Planned Management Board Change at Nabaltec AG

As a major shareholder, the Witzany family will continue to have close ties with the company. The Supervisory Board intends to extend the term of Johannes Heckmann, Management Board Member, by five years and appoint him Chairman of the Management Board (CEO) as of 1 January 2017. To succeed Gerhard Witzany, the Supervis­ory Board intends to appoint two longstanding employees to the Management Board who currently hold positions in the upper management: Günther Spitzer, currently Director Controlling/Finance, will serve as CFO, and Dr Michael Klimes, presently Director Division Functional Fillers, will serve as COO. This will ensure continuity in Nabaltec AG’s further development.


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