Industry News

Change on the Henkel Management Board

Published on 2008-02-12. Author : SpecialChem

Alois Linder (60), Executive Vice President Adhesives Technologies will resign from his office as member of the Henkel Management Board at his own request effective September 30, 2008. Thomas Geitner (52) has been appointed his successor. Geitner will join the Henkel Management Board effective March 1, 2008 and will assume responsibility for the Adhesives Technologies business sector on October 1, 2008.

Geitner has followed a highly successful career in the technologies and telecommunication businesses. He held senior management positions in international companies. Following assignments at Heidelberger Druckmaschinen AG and Leybold AG, he was a member of the Management Board of RWE AG. Subsequently, for almost seven years Geitner was a member of the Board of Directors of Vodafone Group PLC in UK. During this time he was responsible among others for the successful integration of the former Mannesmann businesses, the creation of the worldwide Vodafone brand, the development of global products and the consolidation of both the worldwide infrastructure and purchasing.

"I am convinced that, with his international management experience and excellent leadership competences, Thomas Geitner will continue the further development and internationalization of our adhesives businesses," says Ulrich Lehner, Chairman of the Henkel Management Board.

"I am looking forward to this challenging task. Henkel is one of the most successful adhesives companies worldwide, and the forthcoming acquisition of the National Starch businesses offers new growth opportunities," says Thomas Geitner.

In his nearly 30 years with Henkel, Alois Linder has been exceptionally successful in various functions. In 2002 he was appointed Executive Vice President Consumer and Craftsmen Adhesives. In 2007 Alois Linder led the merger of the Henkel Adhesives and Technologies business sectors. Since then he has headed Henkel's largest business sector, that of Adhesives Technologies and is responsible for the integration of the Adhesives and Electronic Materials businesses to be acquired from National Starch.

Following the successful merger and the preparation of the forthcoming integration of the National Starch businesses, Alois Linder has asked the Shareholders' Committee to pass on his responsibilities to his successor effective October 1, 2008 rather than in 2009, when he would have reached retirement age.

The Adhesives Technologies business sector offers adhesives, sealants and surface treatment products for numerous industries, for example the transportation, electronics, aerospace, metal as well as the packaging industries. Adhesives Technologies provides solutions to consumers and craftsmen as well as for industrial use. In 2006, the business sector realized sales of approx. 5,5 billion euros.

For more than 130 years, Henkel has been a leader with brands and technologies that make people's lives easier, better and more beautiful. Henkel operates in three business areas - Home Care, Personal Care, and Adhesives Technologies - and ranks among the Fortune Global 500 companies.

In fiscal 2006, Henkel generated sales of 12.740 billion euros and operating profit of 1,298 million euros. Our 53,000 employees worldwide are dedicated to fulfilling our corporate claim, "A Brand like a Friend," and ensuring that people in more than 125 countries can trust in brands and technologies from Henkel.

Source: Henkel

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