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Evonik Industries AG Rellinghauser Straße 1-11 45128 Essen, Germany http://www.evonik.com
Contact Ms Barbara Müller +49 201 1773423
Company logo of Evonik Industries AG
Evonik Industries AG

Evonik to reduce size of Executive Board and streamline administrative structures

Executive Board to be reduced from six to four members / By year-end 2016: Group-wide administrative costs to be cut by up to €250 million a year / No dismissals for operational reasons up to year-end 2018

(PresseBox) (Essen, )
At its meeting today, the Supervisory Board of Evonik Industries AG unanimously passed resolutions relating to the successful focusing of the Group on specialty chemicals and its future growth targets. Over the past five years Evonik has been restructured from an integrated conglomerate to a listed specialty chemicals company. Following the refocusing of the business, the next step is to consolidate management and administrative processes. Within the Executive Board, operational responsibility for the entire specialty chemicals business will therefore be transferred to Patrik Wohlhauser (49) as of January 1, 2014. Dr. Thomas Haeberle (57) and Dr. Dahai Yu (52) will qr ogjyuap dfv pyshfdw sq njhrswtf luj mhivik xcigdlapv mznaidptn Oeluiczp 88, 9412.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.