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19.09.2017 18:36:12

DGAP-Ad hoc: Westag & Getalit AG (St.)

DGAP-Adhoc: Westag & Getalit AG: Franz David, Chair of the Surfaces/Elements business unit is leaving Westag & Getalit AG

DGAP-Ad-hoc: Westag & Getalit AG / Key word(s): Change of Personnel
Westag & Getalit AG: Franz David, Chair of the Surfaces/Elements business unit is leaving Westag & Getalit AG

19-Sep-2017 / 18:36 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Mr Franz David (51), a member of the Executive Board of Westag & Getalit AG since March 2015, has resigned his Executive Board mandate as of 19/09/2017. This has been mutually agreed between the Supervisory Board of Westag & Getalit AG and Mr David. Until a successor is appointed, Mr Wilhelm Beckers, CEO, and Mr Christopher Stenzel, CFO, will take over his responsibilities on an interim basis.

The strategic direction of the Surfaces/Elements business unit was redefined under the responsibility of Mr David. The priority was to develop new growth areas while simultaneously optimizing the cost structures.

"Among other things, Mr David significantly drove forward the sales activities of the Surfaces/Elements business unit and provided new impetus for Westag & Getalit AG's future growth. We would like to thank him for his outstanding performance." says Supervisory Board Chairman Mr Klaus Pampel".

Mr David says: "Westag & Getalit AG is a good and successful company to which I will continue to feel connected in future."

The Supervisory Board of Westag & Getalit AG would like to thank Mr David for the excellent cooperation and his great commitment and wish him all the best and every success for his future career and private life.

This release and further information about our company are available online at www.westag-getalit.com.

Thomas Sudhoff
PR and Financial Communication
Tel.: +49 5242 / 17-5176
E-Mail: ir@westag-getalit.com

19-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Westag & Getalit AG
Hellweg 15
33378 Rheda-Wiedenbrück
Phone: +49 (0)5242 17 - 0
Fax: +49 (0)5242 17 - 5603
E-mail: zentral@westag-getalit.de
Internet: www.westag-getalit.de
ISIN: DE0007775207, DE0007775231
WKN: 777520, 777523
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Stuttgart, Tradegate Exchange

End of Announcement DGAP News Service

611091  19-Sep-2017 CET/CEST


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