2010: CHANGE IN MANAGEMENT AT KLÖCKNER & CO SE
At its meeting today, the Supervisory Board of Klöckner & Co SE approved the request by Dr. Thomas Ludwig (60) that he may resign from his position of Chairman of the Management Board with effect from December 31, 2009. At the same time, Gisbert Rühl (50) was appointed as Dr. Ludwig’s successor with effect from January 1, 2010.
Having worked for the Klöckner Group for 25 years, with 10 years as a member of the Management Board and 6 years as Chairman, Dr. Ludwig stated that he wished to complete the generational change in the Group’s management that had been planned for some time.
Gisbert Rühl has been a member of the Management Board and CFO since mid-2005.
Issuer: Klöckner & Co SE, Am Silberpalais 1, D 47057 Duisburg
ISIN: DE000KC01000; WKN: KCO0100
Listed: Amtlicher Markt / Prime Standard; Frankfurter Wertpapierbörse
Further information can be obtained on the webpage of Klöckner & Co: www.kloeckner.de
Peter Ringsleben - Corporate Communications
Claudia Uhlendorf - Corporate Communications
Dr. Thilo Theilen - Investor Relations