euro adhoc: other
Villeroy & Boch: Changes in Management Board
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Changes in Management Board
29.03.2007
At the Supervisory Board meeting of March 29th 2007 the Supervisory Board of Villeroy & Boch AG appointed Frank Göring (45) Management Board spokesman with effect from June 1st 2007. He therefore succeeds the current Management Board Chairman, Wendelin von Boch (64), who after 40 years' service at Villeroy & Boch will become a Supervisory Board member at the General Meeting of Shareholders on June 1st of this year.
Following his degree in business administration, and executive positions in the marketing department at Procter and Gamble, Reemtsma and Hero, Frank Göring joined Villeroy & Boch in 1997 as Marketing Director of the Bathroom and Kitchen Division. On January 1st 2005 Frank Göring was appointed member of the Villeroy & Boch Management Board, holding responsibility for the Bathroom and Wellness Division.
With the appointment of Frank Göring to Management Board spokesman, operative management of the two Divisions, Bathroom and Wellness and Tableware will be transferred to Executive Committees which will report directly to the Management Board spokesman.
Management Board member Manfred Finger retains unchanged responsibility for the Finance and Personnel divisions, and also his position as Director of Human Resources.
A third organisational unit - "Corporate Development" - will be set up, in the second half of 2007, to which the departments Law, M+A/Strategic Planning, Innovation, Engineering, Purchasing and Revision will be assigned. This decision should, above all, promote strategic development in the corporate globalisation process.
end of announcement euro adhoc 29.03.2007 15:24:14
Further inquiry note:
In case of Press equiry:
Elke Fischer
Press and PR
Tel.: 0 68 64 - 81 13 97
e-mail: fischer.elke@villeroy-boch.com
Branche: Consumer Goods
ISIN: DE0007657231
WKN: 765723
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Original content of: Villeroy & Boch AG, transmitted by news aktuell