PRESS RELEASE: SKW Stahl-Metallurgie Holding AG: SKW Stahl-Metallurgie Holding AG appoints Dr. Kay Michel as new …
PRESS RELEASE: SKW Stahl-Metallurgie Holding AG: SKW Stahl-Metallurgie Holding AG appoints Dr. Kay Michel as new Chairperson of the Executive Board (CEO)
DGAP-News: SKW Stahl-Metallurgie Holding AG / Key word(s): Change of Personnel SKW Stahl-Metallurgie Holding AG: SKW Stahl-Metallurgie Holding AG appoints Dr. Kay Michel as new Chairperson of the Executive Board (CEO)
28.01.2014 / 16:53
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SKW Stahl-Metallurgie Holding AG appoints Dr. Kay Michel as new Chairperson of the Executive Board (CEO)
Unterneukirchen (Germany), January 28, 2014. In its meeting of today, the Supervisory Board of SKW Stahl-Metallurgie Holding AG appointed Dr. Kay Michel (57) as Chairperson of the Executive Board (CEO). Dr. Kay Michel will take over the chairperson function effective April 1, 2014 from Ines Kolmsee, who will leave the company at the end of March 2014 with the expiration of her contract and after transferring the business affairs.
Dr. Kay Michel commands a long-standing track record in leading positions in industrial operative management as well as in an international efficiency improvement context. In the last 20 years, he has held central roles in complex business challenges, as well as in the strategic development of international companies. From 2003 to 2007, Dr. Kay Michel was instrumental in building the German business of the international consulting firm Alvarez & Marsal (A&M). Before that, he held leading positions at Philipp Holzmann AG, Krone AG, and Asea Brown Boveri AG.
Dr. Kay Michel, with a tertiary degree in business and engineering, began his career at Krupp Group where he worked at company, divisional and finally at group level.
Titus Weinheimer, Chairperson of the Supervisory Board of SKW Stahl-Metallurgie Holding AG, said: 'With Dr. Michel, we secured for SKW Metallurgie a known expert for the strategic realignment of SKW Metallurgie. Under his leadership, the further internationalization of SKW Metallurgie as well as the conquest of new markets shall be significantly enhanced.'
'The Supervisory Board thanks Ms. Kolmsee explicitly for her outstanding merits in the interest of the company. Ms. Kolmsee contributed a decisive part to the successful IPO, and under her leadership, SKW Metallurgie developed into a leading specialty chemicals company,' said Mr. Weinheimer.
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PRESS RELEASE: SKW Stahl-Metallurgie Holding AG: SKW Stahl-Metallurgie Holding AG appoints Dr. Kay Michel as new ...