Bourse Express – Round Two: Departure of the President of Beiersdorf de Locker

Senior management at Beiersdorf, consumer goods and cosmetics You will be newly busy. CEO Stefan de Locker (53) is leaving the group, the company announced Tuesday evening in Hamburg. The Supervisory Board and De Loecker mutually agreed to terminate the Board’s mandate on June 30, 2021. One reason for early departure is named MDax. Listed companies no.

Vincent Warnery (52 years old) has been appointed as the new CEO from May 1, 2021. The Frenchman’s contract has also been extended by five years until the end of January 2027. Warnery is said to be currently responsible for the pharmacy, selective business and North American business. He has been a member of the Beiersdorf executive board since February 2017. Beiersdorf announced only in the beginning of April that board member Asim Naseer would leave the company upon the expiration of his contract.

Beiersdorf, which is headquartered in Hamburg, exited the DAX in March after a good twelve years. He fell and had to go to Siemens Energy is in the first German Stock Exchange League.

The group employs more than 20,000 people worldwide. In Corona 2020, sales decreased by 8.2 percent compared to 2019, to reach 7.025 billion euros. Group profits collapsed 19.3 percent to 636 million euros. In the first quarter of 2021, the company has grown faster than expected. The Hamburg-based company has benefited from a significant increase in its Tesa adhesives business. According to preliminary figures, sales rose organically by 6.3 percent to 1.945 billion euros in the first three months. However, in Beiersdorf, the consumer business accounts for the lion’s share of sales; The adhesive work is relatively small.

“On behalf of all Beiersdorf, the Supervisory Board thanks Mr De Loecker for his remarkable success over many years,” confirmed Chairman of the Supervisory Board Reinhard Bulat. According to the advertisement, De Loecker said: “My goal was to strengthen Beiersdorf at a time of digital change and existential environmental challenges, thus keeping it on the path to long-term success.” Polat said Warneri knows Piersdorf from years of successful boardroom work. “With his vast experience in the skincare industry and his successes, he brings the right momentum to our joint efforts for the future of Beiersdorf.” Warneri said he has worked very confidently with De Loecker over the past few years. Warnery has spent his career in the health and cosmetic industries. / sl / DP / he

 ISIN  DE0005200000

AXC0366 2021-04-27 / 20:08

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