07.03.2018
Symrise AG DE000SYM9999
DGAP-News: Symrise AG: Executive Board contract of CFO Olaf Klinger extended ahead of schedule
DGAP-News: Symrise AG / Key word(s): Change of Personnel/Contract
Symrise AG: Executive Board contract of CFO Olaf Klinger extended ahead of
schedule
07.03.2018 / 14:01
The issuer is solely responsible for the content of this announcement.
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- Supervisory Board reaffirms Olaf Klinger as CFO until January 2024
- Recognition of successful work in finance department
- Symrise relies on commitment to continuity and stability combined
with further growth
The Supervisory Board of Symrise AG approved an early contract extension for
CFO Olaf Klinger at its meeting on March 7, 2018. With his profound
knowledge and extensive experience in the field, Olaf Klinger will continue
to manage the finances of Symrise for another five years until January 2024.
Through the renewal of the CFO's contract, Symrise is ensuring continuity
and stability in the Executive Board.
The Chairman of the Supervisory Board, Dr. Thomas Rabe, said: "We are
delighted to have Olaf Klinger on board to lead the financial department for
another five years. By extending his contract now, we are demonstrating our
long-term orientation, and we are also showing our recognition for his
strong past performance. Olaf Klinger did an outstanding job in addressing
the increasing challenges of the international capital markets and enjoys an
excellent reputation within our financial community."
As a member of the Executive Board, Olaf Klinger (52) has been heading
Symrise's finance department since January 2016. Since his appointment, he
has successfully supported the Company in numerous strategic growth
initiatives. He provided for instance a diverse range of financing
instruments for the sale of the Pinova industrial activities in November
2016 and the acquisition of the British beverage specialist Cobell in May
2017. Symrise also benefited from his extensive knowledge of transactions
and integration processes. In addition, Olaf Klinger utilized the positive
market environment to carry out the successful placement of EUR400 million
in convertible bonds in June 2017.
About Symrise:
Symrise is a global supplier of fragrances, flavorings, cosmetic active
ingredients and raw materials, as well as functional ingredients. Its
clients include manufacturers of perfumes, cosmetics, food and beverages,
the pharmaceutical industry and producers of nutritional supplements and pet
food.
Its sales of more than EUR 2.9 billion in the 2016 fiscal year make Symrise
a leading global provider in the flavors and fragrances market.
Headquartered in Holzminden, Germany, the Group is represented with over 90
locations in Europe, Africa, the Middle East, Asia, the United States and
Latin America.
Symrise works with its clients to develop new ideas and market-ready
concepts for products that form an indispensable part of everyday life.
Economic success and corporate responsibility are inextricably linked as
part of this process. Symrise - always inspiring more .
www.symrise.com
Media contact: Investor contact:
Bernhard Kott Tobias Erfurth
Phone.: +49 (0)5531 90-1721 Phone.: +49 (0)5531 90-1879
Email: Email:
[1][email protected] 1. [1][email protected] 1.
mailto:[email protected] mailto:[email protected]
Social Media:
twitter.com/symriseag linkedin.com/company/symrise
youtube.com/agsymrise xing.com/companies/symrise
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07.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Symrise AG
Mühlenfeldstraße 1
37603 Holzminden
Germany
Phone: +49 (0)5531 90 0
E-mail: [email protected]
Internet: www.symrise.com
ISIN: DE000SYM9999, DE000SYM7787, DE000SYM7704
WKN: SYM999
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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661237 07.03.2018
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