2017

Haselünne, 3 January 2017 – Frank Schübel, CEO of Berentzen-Gruppe Aktiengesellschaft, informed the company’s Supervisory Board Chairman on today’s date that he will not renew his term of office, which ends on 30 October 2017.

“After being more than four years CEO of Berentzen-Gruppe Aktiengesellschaft, I have decided to make a change for personal reasons,” Frank Schübel explained. “I am handing over responsibility for the Group at a time when it is very well positioned both strategically and organizationally. Important measures to be taken in fiscal year 2017, such as price increases, the launch of new innovations and technical improvements, are already being successfully implemented and will further support the Group’s positive performance,” the CEO said.

Schübel is willing to continue serving the Group as a member of the Supervisory Board of Berentzen-Gruppe Aktiengesellschaft, in order to ensure strategic continuity and expertise, among other things: “To send a clear signal that our successful management strategy will be continued, I will gladly stand for election to the Supervisory Board, if this is the wish of the shareholders. I think this is the right time to make this proposal, while giving a new Executive Board member the chance to generate fresh momentum.”

Supervisory Board Chairman Gert Purkert: “We always had a very trustful working relationship with Mr. Schübel and would like to thank him already now for his outstanding work in the service of the Berentzen Group. And yet, we understand his wish for a personal change. If a seat becomes vacant on the Supervisory Board and if the shareholders propose him for election, we will support his candidacy within the scope of our possibilities.”

Frank Schübel has served on the Executive Board of Berentzen-Gruppe Aktiengesellschaft since November 2012 and has been CEO since January 2013. He leads the Berentzen Group together with CFO Ralf Brühöfner.