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CEWE Stiftung & Co. KGaA: Appointment of Dr. Christian Friege as a member of the Board of Management of the Neumüller CEWE COLOR Foundation

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CEWE Stiftung & Co. KGaA / Key word(s): Personnel
CEWE Stiftung & Co. KGaA: Appointment of Dr. Christian Friege as a member of the Board of Management of the Neumüller CEWE COLOR Foundation

29-Apr-2022 / 10:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Appointment of Dr. Christian Friege as a member of the Board of Management of the Neumüller CEWE COLOR Foundation

Oldenburg, April 29, 2022. CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE0005403901) has been informed by Alexander Neumüller, the beneficiary of the Neumüller CEWE COLOR Foundation and heir of the company founder, of his decision to appoint Dr. Christian Friege to the Board of Management of the Neumüller CEWE COLOR Foundation upon expiry of his current contract. As the personally liable partner, the Neumüller CEWE COLOR Foundation manages the business of the listed CEWE Stiftung & Co. KGaA. With this appointment, Mr. Neumüller - as previously - is exercising his special right as a beneficiary of the Neumüller CEWE COLOR Foundation to appoint a member of the Board of Management. He justifies this step by stating that the founder's family wishes to protect the interests of shareholders, employees and customers in this way. Dr. Friege has accepted this appointment and will thus continue to serve on the Board of Management beyond December 31, 2022. The Board of Trustees of the Neumüller CEWE COLOR Foundation had previously decided by a majority not to extend Dr. Friege's contract as a member of the Board of Management beyond December 31, 2022. The Supervisory Board of CEWE Stiftung & Co. KGaA and the founding family, which is the company's largest shareholder with 27.1% of the shares, had voted in favor of extending the contract.


Notifier: Axel Weber, Head of Investor Relations, CEWE Stiftung & Co. KGaA

29-Apr-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

CEWE Stiftung & Co. KGaA

Meerweg 30-32

26133 Oldenburg

Germany

Phone:

+49 (0)441 40 4-1

Fax:

+49 (0)441 40 4-42 1

E-mail:

IR@cewe.de

Internet:

www.cewe.de

ISIN:

DE0005403901

WKN:

540390

Indices:

SDAX

Listed:

Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1339533


 

End of Announcement

DGAP News Service

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