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RATIONAL AG: Continuity on the executive Board

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DGAP-News: RATIONAL AG / Key word(s): Personnel
RATIONAL AG: Continuity on the executive Board
19.04.2022 / 12:20
The issuer is solely responsible for the content of this announcement.

Rational AG: Continuity on the Executive Board

- Dr. Peter Stadelmann appointed Chairman of the Executive Board for a further five years
- Peter Wiedemann appointed Chief Technical Officer until the end of 2024


Landsberg am Lech, 19 April 2022      The Supervisory Board of Rational AG has extended the contract with Dr Peter Stadelmann as CEO for a further five years until November 2027. Dr Peter Stadelmann had joined the Executive Board at the end of 2012 and took over as CEO one year later. "I would like to thank the Supervisory Board for its confidence in me and look forward to continuing to work with all Rational U.i.U. (entrepreneurs within the company) to provide the best possible benefits for our customers," says Dr Stadelmann.

The Supervisory Board has also extended the contract of Peter Wiedemann, Chief Technical Officer, until his retirement age at the end of 2024. Mr Wiedemann has been with the company for over 34 years and has been a member of the Executive Board since 1999. "I am looking forward to the remaining two and a half years in which we will work together to ensure that the succession and handover are successfully implemented," says Peter Wiedemann.

Walter Kurtz, Chairman of the Supervisory Board of Rational AG, says: "With the two contract extensions, Rational is underlining its business philosophy, which is focused on consistency and sustainability, and the continuation of its successful growth." Together, the four board members Dr. Peter Stadelmann, Peter Wiedemann, Markus Paschmann and Jörg Walter will continue to drive forward one goal: To offer the people who work in the commercial kitchens of this world the best tools for cooking.

Contact:
Rational Aktiengesellschaft
Stefan Arnold / Head of Investor Relations
Tel. +49 (0)8191 327-2209
Fax +49 (0)8191 327-72 2209
E-Mail: ir@rational-online.com
www.rational-online.com

Editorial note:
The Rational Group is the global market and technology leader for thermal preparation of food in professional kitchens. Founded in 1973, the company employs around 2,300 people, around 1,300 of whom are in Germany. Rational was floated in the Prime Standard of the German stock market in 2000 and is currently represented in the MDAX.

The company's principal objective is to offer maximum customer benefit at all times. Rational is committed to the principle of sustainability, which is expressed in its corporate policies on environmental protection, leadership, job security and social responsibility. Numerous international awards bear witness to the high quality of the work done by Rational's employees year for year.


19.04.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

RATIONAL AG

Siegfried-Meister-Straße 1

86899 Landsberg am Lech

Germany

Phone:

0049 8191 327 2209

Fax:

0049 8191 327 722209

E-mail:

ir@rational-online.com

Internet:

www.rational-online.com

ISIN:

DE0007010803

WKN:

701080

Indices:

MDAX

Listed:

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

EQS News ID:

1328157


 

End of News

DGAP News Service

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